Meta CEO Mark Zuckerberg teased a "return to OG Facebook" as part of his key goals for 2025 in Wednesday's Q4 earnings call with investors. While the
"This will be a defining year for AI," Zuckerberg said in a Facebook post. "Over the coming years, it will drive our core products and business."
CEO Mark Zuckerberg announced that Meta Platforms ... SoftBank (9984.T), and Oracle (ORCL.N), which plans to invest $500bn in AI infrastructure across the US. Meta’s $60-$65bn investment ...
Meta CEO Mark Zuckerberg expects to spend as much as $65 billion on AI in 2025 as part of a “massive effort” to further the company’s AI ambitions. Part of the plan includes a Louisiana data center that Zuckerberg says “is so large it would cover a significant part of Manhattan,” he wrote on Threads today.
Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison's stake also rises.
On Friday, Mark Zuckerberg announced a $60-65 billion investment into Meta AI.
Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said today, joining a wave of Big Tech firms unveiling hefty investments to capitalise on the technology.
The S&P 500 ( ^GSPC) gained 0.5%, while the Dow Jones Industrial Average ( ^DJI) rose nearly 0.4%. The tech-heavy Nasdaq Composite ( ^IXIC) was up nearly 0.3%.
US stocks struggled gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. After the Federal Reserve stood pat on interest rates as expected,
US stocks edged up on Thursday, with the S&P 500 eyeing a small comeback as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. After the Federal Reserve stood pat on interest rates as expected,
But what stays with me isn’t the overwrought antipathy between Elon Musk and Mark Zuckerberg, the tetchy tech titans who, in the summer of 2023, made noises — let’s call them grunts — about demonstrating their reciprocal disdain by squaring off and throwing down on the kind of stage used for Ultimate Fighting Championship events.
Mark Zuckerberg said that 2025 will be a “pivotal year for the metaverse” as Meta's Reality Labs' losses reach $60 billion since 2020.