Meta Spending to Soar on AI, Massive Data Center

The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into artificial intelligence.

Topics

Blackstone Still Bullish on A.I. Data Centers Despite DeepSeek

Blackstone, a major global investor in data centers that run A.I. systems, expects use of the technology to rise as the cost of computing power falls.
The New York Times - 1h
Meta and Microsoft Double Down on Huge A.I. Spending, Despite DeepSeek Threat

Both Meta and Microsoft committed to huge investments in artificial intelligence, despite new Chinese software outperforming American rivals at a lower cost.
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Zuckerberg says Meta won't slow down AI spend despite DeepSeek's breakthrough

Meta CEO Mark Zuckerberg said China-based DeepSeek has created a powerful artificial intelligence model, but it won't likely curb Meta's AI spending.
CNBC - 19h
Forget DeepSeek. Zuckerberg says Meta will spend hundreds of billions on AI.

Meta’s CEO says its consumer AI offering “is going to be one of the most transformative products that we’ve made.”
MarketWatch - 19h
Essential principles to produce and consume data for AI acceleration

VB LAB INSIGHTS: This is a VB Lab Insights article presented by Capital One. AI offers transformative potential, but unlocking its value requires strong data management. AI builds on a solid data ...
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Chevron Wants to Tap Into A.I. Boom by Selling Electricity to Data Centers

The oil company plans to build natural gas power plants that will be directly connected to data centers used by technology companies for artificial intelligence and other services.
The New York Times - 2d
Data Centers Have a Cooling Problem—These Companies Are Solving It

3D Architech and Apheros are working on innovative solutions to make those big AI brains more sustainable.
Inc. - 2d
Meta to Increase Spending to $65 Billion This Year in A.I. Push

Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing power needed by A.I. products and algorithms.
The New York Times - 3d
Chinese AI App DeepSeek Soars in Popularity, Startling Rivals

The company said Monday it was temporarily limiting new sign-ups due to “large-scale malicious attacks” on its services.
Wired - 3d
Zuckerberg sets Meta's AI targets for the year, expects to spend $60 billion on growth

Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this year
CNBC - 5d
Meta's increased AI spending helps both of our two chipmakers, but one especially

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
CNBC - 6d
Zuckerberg wants to spend billions more on AI. Meta investors like that idea.

Mark Zuckerberg says Meta is targeting $60 billion to $65 billion in capital expenditures this year. One analyst thinks up to $33 billion of that could go toward GPUs.
MarketWatch - 6d
Meta nearly doubling spending with eye toward AI

Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development. Meta is planning to invest ...
The Hill - 6d
Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project

Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two billionaires ...
ABC News - Jan. 23
Meta backs Databricks as the data analytics startup inches toward IPO

Meta rarely invests in startups, but it works with Databricks on the Llama open-source models that Meta trains.
CNBC - Jan. 22
Trump Announces Project Stargate, a Massive New Investment in AI

The venture involves OpenAI, Softbank, and Oracle, and starts with an investment of $100 billion.
Inc. - Jan. 21
Trump announces 'Stargate' AI infrastructure project with 'colossal data centers'

President Trump is joined by Larry Ellison, Masayoshi Son and Sam Altman to announce a new American company that will invest $500 billion in AI infrastructure.
NBC News - Jan. 21
Trump announces $500 billion investment in 'colossal' AI data centers

The 47th president is meeting with congressional leaders this afternoon and plans to deliver remarks from the White House later today.
NBC News - Jan. 21
LogicMonitor equips CIOs to lead the new era of AI-optimized data centers

Observability is essential as AI introduces new challenges for data centers. With Observability, CIOs can monitor, analyze and optimize in real time, ensuring systems remain scalable, reliable, and ...
CBS News - Jan. 21
Biden Issues Executive Order to Ensure Power for AI Data Centers

The rapid growth and huge electricity needs spawned by the artificial intelligence revolution spurs a directive to lease federal sites owned by Defense and Energy departments for power supply centers.
Inc. - Jan. 14
EBay shares soar after Meta allows listings on Facebook Marketplace in U.S., Europe

Shares of eBay soared Wednesday as Meta announced it will allow some listings to show up on Facebook Marketplace in Germany, France and the United States.
CNBC - Jan. 8
AI takes center stage at the 2025 Consumer Electronics Show

The 2025 Consumer Electronics Show was underway in Las Vegas on Tuesday. The annual trade conference spotlights some of the newest technological innovations from companies across the globe. Jason ...
CBS News - Jan. 7
Trump Blurs Lines in $20 Billion Data Center Announcement and Other Deals

Even before the start of the new administration, there has been repeated blurring of lines between the federal government efforts and Trump family businesses.
The New York Times - Jan. 7
Emirati billionaire investing $20B in US to build data centers

President-elect Trump announced Tuesday that Emirati billionaire Hussain Sajwani plans to invest $20 billion in the United States “over a very short period of time” to build data centers across the ...
The Hill - Jan. 7
Trump announces $20 billion foreign investment to build new U.S. data centers

Billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging the money.
CNBC - Jan. 7
Business leaders court Trump as UAE billionaire promises to spend $20 billion on U.S. data centers

President-elect Donald Trump drew another expression of support on Tuesday, as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in ...
MarketWatch - Jan. 7
Online holiday spending rises nearly 9%, as deals and AI-powered chatbots fuel purchases, data shows

Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases.
NBC News - Jan. 7
Nvidia releases gaming chips for PCs, tapping AI features from data center GPUs

At CES in Las Vegas, Nvidia showed that it's still focused on serving gamers even as the company's primary business is now in the data center.
CNBC - Jan. 7
Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says

The holiday e-commerce results from Adobe are a promising sign for the retail industry, which will begin reporting holiday results in February.
CNBC - Jan. 7
Nvidia’s $3,000 ‘Personal AI Supercomputer’ Will Let You Ditch the Data Center

Nvidia CEO Jensen Huang also announced new AI tools for creating autonomous agents during a keynote address at CES.
Wired - Jan. 7
Data Centers Need to Look Beyond Green Energy, Siemens Says

Operators must find an alternative solution to the AI energy-consumption conundrum, Siemens’s Smart Infrastructure CEO said.
The Wall Street Journal - Jan. 6
Phantom data centers: What they are (or aren’t) and why they’re hampering the true promise of AI

So-called fake data centers are a bottleneck to scaling infrastructure to keep up with compute demand for AI and other critical workloads.
VentureBeat - Jan. 4
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025

Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.
CNBC - Jan. 4
Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months

Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.
NBC News - Jan. 3

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