In big jump from 2024, Meta to increase artificial intelligence spending to $65 billion
Mark Zuckerberg spent all of 2024 telling investors that artificial intelligence would be key to the future of his company, Meta. In 2025, he plans to put his money where his mouth is.
On Friday, Zuckerberg said the company expected its capital expenditures in 2025 to come in at an estimated $60 to $65 billion, a big increase compared with the roughly $38 to $40 billion Meta spent in 2024.
