Meta's Big AI Bet: $65B for Data Centers

Meta, the company behind Facebook, is set to spend a staggering $60 billion to $65 billion this year on building AI infrastructure. That's a lot of money! CEO Mark Zuckerberg thinks 2023 will be a big year for AI, and he's putting his company's cash where his mouth is. This investment will include building a massive data center that could cover a large part of Manhattan. It's like building a city just for AI! Meta plans to have over 1. 3 million graphics processors by the end of the year. They're really going all out! Zuckerberg expects Meta's AI assistant to help over 1 billion people by 2025. That's like helping almost every person in India! And their open-source AI model, Llama 4, is expected to be the best of the best. Other big tech companies are also investing a lot in AI. President Trump announced a $500 billion investment in AI infrastructure by OpenAI, SoftBank, and Oracle. Microsoft and Amazon are also planning big investments. Meta's planned spending is a big jump from last year's $38 billion to $40 billion. They're also working on an AI engineer that will help with research and design, and growing their AI teams.