Meta platforms plan to spend between $ 60 billion and $ 65 billion this year to build it infrastructure, said Friday CEO Mark Zuckerberg, joining a wave of large technology firms that detect large investments to capitalize in technology .
As part of the investment, Meta will build a data center more than 2-gigavas that would be large enough to cover an important part of Manhattan.
Company – one of the largest customers of Nvidia’s coveted artificial chips – plans to complete the year with more than 1.3 million graphic processors.
“This will be a defining year for him,” Zuckerberg said in a Facebook post. “This is a massive effort, and over the coming years it will run our products and business.”
Zuckerberg expects that he’s aide available in his services, including Facebook and Instagram to serve more than 1 billion people in 2025, while Open-Source Llama 4 would become the “main model of art”.
The company’s shares were 1.6% higher in early trading.
Large technology companies have invested tens of billions of dollars to develop the infrastructure linked to him after the meteoric success of Openai’s chatgt highlighted the potential for technology.
President Trump on Tuesday announced that Openai, Softbank Group and Oracle will form a venture called Stargate and invest $ 500 billion in the infrastructure of it across the United States.
Earlier this month, Microsoft said it was planning to invest about $ 80 billion in 2025 fiscal to develop data centers, while Amazon said its capital costs for 2025 would be higher than 75 billion dollars in 2024.
Planned Meta capital costs up to $ 65 billion would mark a significant jump from its estimated capital costs of $ 38 billion to $ 40 billion for the past year.
As part of his efforts, the company said it will build an engineer who will begin to contribute to the increase in the quantities of the code in its draw and design efforts.
He will also continue to grow teams working on his services.
#Meta #spend #65B #mass #center
Image Source : nypost.com