Meta Will Spend Record $60 Billion On AI This Year, Zuckerberg Says—After Trump Announces Stargate Deal With OpenAI
Meta Platforms(META) Forbes·2025-01-24 15:54
ToplineMeta will rapidly ramp up its spending in 2025 as part of its artificial intelligence push, according to its centibillionaire CEO Mark Zuckerberg announced Friday, as the battle between Meta and its generative AI competitors including OpenAI and Elon Musk’s xAI comes to the forefront this week with President Donald Trump’s announcement of the $500 billion “Stargate” joint venture with OpenAI.Mark Zuckerberg, center, at Trump's inauguration.Getty Images Key Facts“This will be a defining year for AI,” ...