Meta CTO Andrew Bosworth internally announced a reorg of Reality Labs on Monday.
Mark Zuckerberg says Meta plans to spend over $60 billion
Meta’s chief executive has become a more visible presence in Washington since President Trump’s return to office after years of avoiding politics.
In Trump’s first term, Meta quietly introduced a slew of Republican-friendly changes. But led by Joel Kaplan, the company is done playing both sides and is going all-in on MAGA.
Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital expenditures.
Meta CEO Mark Zuckerberg said the company plans to up its capital expenditures in 2025 as it aims to keep pace with rivals in the AI space.
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle, and SoftBank are leading the newly announced Stargate initiative under President Trump -- a project aiming to invest $500 billion into AI frameworks over the coming years.
I have fired Meta as a client,” Lemley wrote on Bluesky, the platform which has emerged as an alternative to X for left-leaning internet users
The Meta CEO met with Trump after his win in the 2024 presidential election, according to multiple reports including CBS and the New York Times. And more recently, he named Trump ally and UFC boss Dana White to Meta's board of directors and elevated prominent Republican Joel Kaplan to lead its global affairs operation.
CEO Mark Zuckerberg announced that Meta Platforms (META.O) plans to invest as much as $65bn in 2025 to expand its artificial intelligence (AI) infrastructure. This substantial investment aims to bolster Meta’s AI capabilities and strengthen its competitive position against rivals such as OpenAI and Google in the rapidly evolving AI market.
"This will be a defining year for AI," Zuckerberg said in a Facebook post. "Over the coming years, it will drive our core products and business."
Zuckerberg announces the effort as Elon Musk is upgrading his Colossus supercomputer and Sam Altman partners to dump $500 billion into 'Project Stargate.'