Zuckerberg Sets Meta's AI Targets for the Year, Plans to Invest $60 Billion in Growth

Meta is set to invest between $60 billion and $80 billion in capital expenditures in 2025, with a focus on data centers and AI development teams. They aim to bring online approximately one gigawatt of compute, equivalent to powering 750,000 homes, and to have over 1.3 million GPUs by the end of the year. Mark Zuckerberg noted that 2025 will be pivotal for AI as Meta establishes a sizable data center to bolster its AI capabilities. Following the investment news, Meta shares reached an all-time high during intraday trading.