Mark Zuckerberg AI investment: What Mark Zuckerberg said about his $60-$65 billion AI investment to compete with OpenAI, Google

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Meta Platforms plans to invest $60-$65 billion this year to enhance its AI infrastructure, CEO Mark Zuckerberg announced on Friday.The move is part of the company’s strategy to strengthen its competitive edge against rivals OpenAI and Google in the race for AI dominance.

“We’re planning to invest $60-65B in capex this year while also growing our Al teams significantly, and we have the capital to continue investing in the years ahead,” Zuckerberg said in a post.

In his post, the Facebook founder unveiled an ambitious roadmap for the company’s AI…



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Mark Zuckerberg AI investment: What Mark Zuckerberg said about his $60-$65 billion AI investment to compete with OpenAI, Google


Meta Platforms plans to invest $60-$65 billion this year to enhance its AI infrastructure, CEO Mark Zuckerberg announced on Friday.The move is part of the company’s strategy to strengthen its competitive edge against rivals OpenAI and Google in the race for AI dominance.

“We’re planning to invest $60-65B in capex this year while also growing our Al teams significantly, and we have the capital to continue investing in the years ahead,” Zuckerberg said in a post.

In his post, the Facebook founder unveiled an ambitious roadmap for the company’s AI…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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