Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says


FILE PHOTO: Mark Zuckerberg arrives before the inauguration of Donald Trump as the 47th president of the United States takes place inside the Capitol Rotunda of the U.S. Capitol building in Washington, D.C., Monday, January 20, 2025. Kenny Holston/Pool via REUTERS/File Photo

(Reuters) -Meta Platforms plans to spend as much as $65 billion this year to expand its AI infrastructure, CEO Mark Zuckerberg said on Friday, aiming to bolster the company's position against rivals OpenAI and Google in the race to dominate the technology.

As part of the investment, Meta will ramp up hiring for artificial intelligence roles and build a more than 2-gigawatt data center that would be large enough to cover a significant part of Manhattan.

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