Meta plans to invest $60 bn or more in AI this year

Core Viewpoint - Meta plans to invest at least $60 billion in artificial intelligence in 2025, aiming to lead in the technology sector [1][2] Investment Plans - Meta's investment in AI is projected to be between $60 billion and $65 billion in capital expenditures for the year [2] - The company is also constructing a massive new datacenter to support its AI initiatives [2][5] AI Development Goals - Zuckerberg expects Meta AI to become the top digital assistant, with a user base exceeding one billion people [2] - The tech firm aims for its Llama 4 model to be at the forefront of AI advancements [2] Industry Context - The announcement follows a major investment initiative by US President Donald Trump, who stated that a venture called Stargate will invest at least $500 billion in AI infrastructure in the United States [3] - Microsoft is also heavily investing in AI, with plans to allocate about $80 billion this fiscal year for AI datacenters and model training [4]