Meta Platforms Inc. chief executive officer Mark Zuckerberg said on Friday, January 24, that in the current year, this technology giant intends to invest up to $65 billion in projects related to artificial intelligence.
The mentioned financial injections concern the construction of a giant data center and the increased hiring of employees in AI teams.
Mark Zuckerberg said in a Facebook post that the technology giant intends to use the specified funds to build a data center so large that this facility would cover a significant part of Manhattan. He also noted that in 2025 Meta plans to bring around a gigawatt of computing power online. Moreover, the company is projected to have 1.3 million graphics processing units by the end of the current year. Mark Zuckerberg stated that this is a massive effort, and in the coming years it will contribute to the development of Meta’s core products and business. He also noted that in this case it would unlock historic innovation, and extend American technology leadership.
Meta has made significant investments in artificial intelligence over the past few years. The technology giant also announced last month the construction of a new $10 billion data center in Louisiana. Moreover, Meta has bought computer chips for products such as the artificial intelligence assistant and Ray-Ban smartglasses. Mark Zuckerberg has announced that the technology giant will significantly expand its AI teams in 2025.
It is worth noting that against the background of a consistent upward intensification of the process of artificial intelligence development, the demand for data processing centers, which are necessary to ensure the functioning of AI systems, is increasing.
Mark Zuckerberg’s statements were made a few days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion joint venture called Stargate. The relevant project will include the construction of data centers and artificial intelligence infrastructure throughout the United States.
Last summer, Mark Zuckerberg said it was possible Meta and its competitors were overspending on machine intelligence. In this context, he noted that the risk of losing several billion dollars is better than the likelihood of missing major changes in computing technology. In his opinion, all companies carrying out appropriate investments make a rational decision. Clarifying this opinion, Mark Zuckerberg said that the disadvantage of lagging is the loss of positions regarding the most important technologies for the next 10-15 years.
The media noted that Wall Street expected Meta to spend $51.3 billion on capital expenditures in 2025.
Against the background of news about the technology giant’s intentions related to artificial intelligence, the value of its shares during premarket trading initially fell. After the opening of the exchanges in New York, the corresponding indicator increased by 1.7%. This dynamic reflects analysts’ optimism about the company’s intentions related to artificial intelligence.
The financial plans of the technology giant announced for the current year indicate a sharp increase in investment in AI. This means that the company is intensifying its efforts to move forward in the area of the machine intelligence industry. Meta aims to strengthen and scale its position as one of the main players in the global artificial intelligence industry. AI is actually the main technology of modernity, which can transform the world as a space for the existence of human civilization in its economic, social, political, and cultural dimensions. This means that betting on artificial intelligence can generate a result that will significantly exceed all that is now identified as success in the technology sector.
It is worth noting that against the background of the active development of AI, the issue of cybersecurity has become more relevant. Scammers also have access to artificial intelligence tools. The implementation of the relevant practice has significantly complicated the completion of the tasks of detecting criminal activity in the virtual space. Personal awareness of users is important to counter the threat posed by the application of artificial intelligence tools by fraudsters. For example, an Internet search query such as how to know if my camera is hacked will allow anyone to get information about signs of unauthorized access to the device. Digital literacy is an effective tool for combating cybercrime. This knowledge should be updated periodically, as criminals strive to use the most advanced technologies in their activities.
