Did Meta Platforms Just Say "Checkmate" to Nvidia?
One artificial intelligence (AI) stock that got off to a scorching start this year is social media juggernaut Meta Platforms ( META 1.11%). Just a couple of weeks ago, Meta's leadership told investors ...
Amazon, Microsoft, Alphabet, and Meta Just Gave Nvidia Great News. But Does That Make The Stock A Buy Before Feb. 26?
Nvidia makes its fortune primarily through its compute and networking business, which sells advanced chipsets called graphics ...
Is Meta's $65 Billion Spending Spree a Good Idea? Here's What History Suggests.
After all, investors want to see a return on these massive infrastructure projects. For example, Meta Platforms (NASDAQ: META ...
New York Post27d
Meta to spend up to $65B on massive AI data center: ‘Defining year for artificial intelligence’
Meta Platforms plans to spend between $60 billion ... chips — plans to end the year with more than 1.3 million graphics processors. As part of the investment, Mark Zuckerberg’s Meta will ...
NewsNation on MSN10d
Meta layoffs to begin as company moves to cut 5 percent of workforce
The layoffs, according to Zuckerberg, would target “low-performers.” The layoffs will amount to roughly 3,600 people losing ...
Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says
Meta Platforms plans to spend as much as $65 billion this year to expand its AI infrastructure, CEO Mark Zuckerberg said on ...
Yahoo Finance24d
Meta to invest up to $65bn in AI infrastructure expansion
Meta has announced plans to invest up to $65bn ... The company plans to conclude 2025 with more than 1.3 million graphics processor units (GPUs), which are critical for powering AI workloads ...
Meta to invest up to $65 billion this year to power AI goals, Zuckerberg says
"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." ...