• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Meta Platforms Investments in AI to Reach $65 Billion

user avatar

by Giorgi Kostiuk

10 months ago


Meta Platforms has announced plans to invest up to $65 billion in its AI infrastructure, surpassing Wall Street estimates. These investments aim to strengthen the company's position in the competitive landscape against giants like OpenAI and Google.

Meta's AI Objective

According to Mark Zuckerberg, a 2-gigawatt data center is planned to support AI initiatives. By 2025, the company aims to deploy 1 gigawatt in computing and end the year with over 1.3 billion graphics processing units.

Tech Giants Betting Big on AI

Major tech firms are ramping up their AI investments. Recently, ByteDance announced plans to allocate $20 billion mainly toward AI. Microsoft plans to invest $80 billion in data centers development, while Amazon announced it would spend over $75 billion.

The Future of Meta and AI

Meta expects its AI assistant to serve over a billion people, increasing from 600 million in 2025. The company continues to make significant investments in AI and new technology development.

Meta is making a strategic bet on AI development, potentially reshaping its position in the tech sector. Investments will ensure long-term growth and innovation in AI.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Investors Excited About LivLive's Unique Features

chest

LivLive's innovative features, including real-world action rewards and a wearable wristband, are attracting investor interest.

user avatarDavid Robinson

LivLive Emerges as a Breakout Presale Project

chest

LivLive has launched its presale, attracting significant investment and interest from early adopters.

user avatarZainab Kamara

Harvard Management Company Triples Bitcoin ETF Holdings

chest

Harvard Management Company has tripled its Bitcoin ETF holdings to 443 million, reflecting increased institutional confidence in Bitcoin.

user avatarAndrew Smith

Emerging Stability in GBP Amid Market Uncertainty

chest

Emerging stability for the British pound is observed amid market uncertainty, suggesting underlying strength in the UK economic outlook.

user avatarJacob Williams

UK Budget Anticipation Creates Market Uncertainty for Pound

chest

The British pound is under pressure as market participants anticipate the upcoming UK Budget announcement, leading to increased volatility in trading.

user avatarSon Min-ho

Ledger Introduces Cash-to-Stablecoin Feature

chest

Ledger Wallet has launched a feature allowing users to deposit local currencies and receive USDC stablecoins directly.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.