Fox Business

Facebook owner investing up to $65 billion toward AI in 2025

Facebook and Instagram owner Meta Platforms is planning to spend as much as $65 billion this year alone to build on the social media company's artificial intelligence (AI) initiatives, CEO Mark ...
The Motley Fool

Everyone Knows That Mark Zuckerberg Cofounded Facebook, Is Bullish on the Metaverse, and Is Investing in AI Superintelligence. But Few Realize He Makes Over $700 Million ...

The famous tech CEO is using Warren Buffett's secret investment sauce and any investor can do the same. Many investors likely don't realize that Mark Zuckerberg shares something in common with ...
Hosted on MSN

Facebook, Reliance to invest Rs 855 crore in AI joint venture

Reliance Industries Limited (RIL) has announced incorporating a step-down subsidiary called Reliance Enterprise Intelligence Limited (REIL) to invest in enterprise-level artificial intelligence (AI) ...
Reuters

Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says

Capital expenditure for 2025 is above Wall Street estimates Meta will hire for more AI roles, build an over 2 GW data center Plan comes after Trump unveiled $500 billion Stargate initiative Jan 24 ...
Hosted on MSN

Before investing billions in Scale AI, Facebook-parent Meta talked to Perplexity; ‘two versions’ of why the talks failed

Facebook-parent Meta considered acquiring Perplexity AI before its multi-billion-dollar investment in Scale AI, a report claims. This development comes as Apple is also reportedly pursuing an ...