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.
Read more at The New York Times
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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 yearCNBC - 1d -
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.The Wall Street Journal - 1d -
Trump’s $500 billion AI moonshot: Ambition meets controversy in ‘Project Stargate’
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Americans spend $900 billion a year on goods from Mexico and Canada. Tariffs could affect these prices the most.
Americans buy $900 billion a year in food, cars, TVs, toys, appliances and other goods from Mexico and Canada. The cost of these products could rise if President Trump carries out his threat to ...MarketWatch - 15h -
$60 billion in one year: Mark Zuckerberg touts Meta's AI investments
Meta CEO Mark Zuckerberg announced Friday that the company plans to build a massive data center in Louisiana to power its newest AI model, Llama 4, which is set to launch this year.NBC News - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
Saudi Arabia Says It Will Increase U.S. Trade and Investment by $600 Billion
The Saudi media reported that Crown Prince Mohammed bin Salman had spoken with President Trump, who made the kingdom the first stop on his first overseas presidential trip in 2017.The New York Times - 2d -
Game Developers Fear AI Threats as Studios Push Initiatives
A new survey reveals how deeply AI technology has penetrated the video game business, and how many workers hate it.Inc. - 2d -
Oracle Shares Surge as Trump Reveals $500 Billion AI Plan
Oracle saw massive growth today.Inc. - 3d -
Early Facebook investor Jim Breyer says Zuckerberg has been 'revitalized' by Meta's AI push
Venture capitalist and early Facebook investor Jim Breyer said Meta CEO Mark Zuckerberg has been energized by his company's recent push into AI.CNBC - 3d -
Behind Trump's AI initiative worth billions
President Trump announced a private sector investment to build data centers in the United States that will support artificial intelligence. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 3d -
Trump highlights partnership investing $500 billion in AI
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBankABC News - 3d -
TikTok-owner ByteDance plans to spend $12bn on AI chips in 2025
Chinese owner of video app seeks growth from AI as its social media business comes under pressure in USFinancial Times - 4d -
Tech Leaders Pledge Up to $500 Billion in AI Investment in U.S.
OpenAI, Oracle and SoftBank unveiled AI infrastructure plans at White House.The Wall Street Journal - 4d -
Trump announces $500 billion AI infrastructure project
President Trump announced a $500 billion investment into artificial intelligence infrastructure on his first full day in office. His announcement was made alongside the heads of three leading ...CBS News - 4d -
Trump announces up to $500 billion investment to build AI infrastructure
President Trump on Tuesday announced the creation of a new project to invest up to $500 billion in building the infrastructure needed for artificial intelligence (AI) development over his second ...The Hill - 4d -
Meta pushes back on claims that it's boosting Trump on Facebook and Instagram
Meta is countering claims that it boosted President Donald Trump and his administration on Facebook and Instagram as it came into office Monday.NBC News - 4d -
Trump to announce up to $500 billion in private sector AI infrastructure investment
President Trump is announcing billions in private sector investment by OpenAI, Softbank and Oracle to build AI infrastructure in the U.S.CBS News - 4d -
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 - 4d -
Increased December Consumer Spending Bodes Well for 2025 Growth
New data shows retail and restaurant spending rose again last month, suggesting consumers unhappy about higher post-pandemic prices are still buying, especially when they can get a good deal.Inc. - Jan. 16 -
German defence minister says military spending must keep increasing
Yahoo News - Jan. 13 -
UK pledges huge increase in computing capacity to build AI industry
Labour to expand sovereign computing power in response to report by British venture capitalistFinancial Times - Jan. 12 -
Shutterstock and Getty Merge to Meet AI Challenge in $3.7 Billion Deal
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.Inc. - Jan. 8 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Anthropic’s $60 billion valuation would obscure a stark reality in AI
Anthropic may be joining rival OpenAI with its own eye-popping valuation, but the hefty valuations for the two biggest AI startups obscure the fact that, for now, these companies are burning ...MarketWatch - Jan. 8 -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - Jan. 7 -
Meta hosts AI chatbots imitating 'Hitler,' 'Jesus Christ' and Taylor Swift
In less than six months users have created and successfully published chatbots on Meta’s platforms that violate its rules.NBC News - Jan. 7 -
'I can't spend another five years in my caravan'
A Doncaster mum suffers her second major flood in five years.BBC News - 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 -
Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.The Wall Street Journal - Jan. 7 -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice left the company at the end of 2024 after 3½ years in the role.CNBC - Jan. 6 -
Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech
Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...GameSpot - Jan. 6 -
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 -
Meta is killing off its own AI-powered Instagram and Facebook profiles
Instagram profile of ‘proud Black queer momma’, created by Meta, said her development team included no Black people. Meta is deleting Facebook and Instagram profiles of AI characters the company ...The Guardian - Jan. 3 -
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 -
Meta Deleted Its Controversial AI Profiles. Here’s Why.
Meta still has plans to use AI to drive engagement on its platforms, though.Inc. - Jan. 3 -
Why 2025 will be the year of AI orchestration
For many, 2025 will be the year of AI agents, when pilot programs, experiments and use cases converge into something resembling ROI.VentureBeat - Dec. 30
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