Meta follows suit! $65 billion planned for the expansion of AI infrastructure in 2025 and Threads app gets ads!

Mark Zuckerberg, CEO of Meta Platforms (META), announced on Friday, January 24, 2025, in a post on his social media platform Facebook that the tech giant plans to invest between $60 billion and $65 billion in the expansion of its artificial intelligence infrastructure while also significantly increasing the size of the company's AI teams. This would notably surpass the expenditures of 2024, which were around $38 billion to $40 billion. Meta's shares rose by 1.73% in Friday trading, marking a new all-time high. Powerful 2-GW data center for AI to...