Mark Zuckerberg says Meta will have 1.3M GPUs for AI by year-end

Quick Summary:

Meta CEO Mark Zuckerberg said that the company plans to significantly up its capital expenditures this year as it aims to keep pace with rivals in the cutthroat AI space.

Microsoft plans to spend $80 billion on AI data centers in 2025, while OpenAI is contributing to a joint venture, Stargate, that could yield it hundreds of billions of dollars’ worth of data center resources.

Meta’s investments come as AI rivals pour billions into their own infrastructure projects.

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Article Details

Author / Journalist: Kyle Wiggers

Category: Technology

Markets: United States

Topics: Generative AI AI Investment Report CAPEX Mark Zuckerberg In Brief

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-24 @ 15:39:49 (1 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 192 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 25405449

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