The meta-PDG, Mark Zuckerberg, examines before lunch on the day of the second presidential term of the US president Donald Trump in Washington, in the United States, on January 2025.
Evelyn Hockstein | Reuters
Meta CEO Mark Zuckerberg announced on Friday that the company planned to invest around 60 to 65 billion dollars in capital expenses in 2025 when it continues to develop its artificial intelligence infrastructure.
Zuckerberg said that 2025 will be “a decisive year for AI” and that Meta builds a large data center that “would cover an important part of Manhattan” to feed its AI offers. In addition, Meta will bring about 1 gigawatt in calculation and end the year with more than 1.3 million graphic processing units, he said.
“This is a massive effort, and in the years to come, it will lead our basic products and our business, will unlock historical innovation and will extend American technological leadership,” wrote Zuckerberg a post on Facebook.
Friday, Meta Actions reached a new summit of all time during the intra -day negotiations after the announcement.
The company has paid billions of dollars into AI and has increased related research and development in recent years, but it is a fiercely competitive market and will take time before investors start to harvest these services. During an April call with investors, Zuckerberg said that he expects to see a “multi -year investment cycle” before Meta products turn into profitable services, but he also noted that the company had a “solid experience” in this department.
Meta’s shares plunged 16% at the time. The company still generates the vast majority of its income from digital advertising.
Zuckerberg said on Friday that he expects the company’s digital assistant to the company to become “the leading assistant serving more than a billion people”. Meta also builds an AI engineer who will contribute “increasing quantities of code to our R&D efforts,” added Zuckerberg.
“We have the capital to continue investing in the years to come,” he wrote in his article on Facebook.
