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

Group 1 - Meta plans to significantly increase its capital expenditures in 2025, expecting to spend between $60 billion and $80 billion, primarily on data centers and AI development teams, which is approximately double the $35 billion to $40 billion spent in the previous year [1] - The company aims to bring around one gigawatt of compute online this year, equivalent to the power consumption of 750,000 average homes, and expects to have over 1.3 million GPUs in its data centers by year-end [2] - Meta's investments are in response to competitors in the AI space, with Microsoft planning to spend $80 billion on AI data centers in 2025 and OpenAI contributing to a joint venture that could provide substantial data center resources [3]