Meta company (owner of Facebook and Instagram) plans to invest up to $65 billion this year, which is 50% more than last year. The goal is to strengthen its position in the field of artificial intelligence.
Meta's head Mark Zuckerberg stated: "This year will be key for artificial intelligence. We aim for Meta AI to be a primary assistant for artificial intelligence by 2025 for over a billion people. Lama 4 has become the leading development, and we are creating AI engineers that are increasingly participating in our research and developing efforts."
Between $60 billion and $65 billion will be spent on significant expansions of technical teams and the creation of necessary infrastructure. Zuckerberg noted that Meta is building a huge data center that will occupy a significant area in Manhattan.
With the growth of artificial intelligence development, which began with the launch of ChatGPT by OpenAI at the end of 2022, the competitive pressure among leading tech companies is intensifying, with Google and Microsoft on the main positions. All companies strive to create the best possible artificial intelligence and actively invest in necessary data processing centers. However, new computer servers and advanced processors are expensive and consume large amounts of energy.
In 2024, the market continues to show large companies for high costs on artificial intelligence and the absence of timely returns on investments.
Last week, US President Donald Trump presented the StarGate project for artificial intelligence, which unites OpenAI, Oracle (specializing in cloud technologies), and Japanese bank SoftBank, aiming to invest up to $500 billion over four years into artificial intelligence infrastructure in the USA.
