Mark Zuckerberg says Meta is planning a $60B-$65B investment in AI for 2025. Zuckerberg said the company's data center in Louisiana will be near the size of Manhattan.

Meta Will Spend $65 Billion on AI Efforts

10:33am, Friday, 24'th Jan 2025
Meta is making huge investments in artificial intelligence. CEO Mark Zuckerberg says the Facebook parent company will spend up to $65 billion on AI-related projects this year.
CNBC's Carl Quintanilla, Jim Cramer and David Faber discuss the latest news from Meta.
Mark Zuckerberg says Meta is targeting $60 billion to $65 billion in capital expenditures this year. That's well above Wall Street's $51 billion forecast.
Much of the investment will go into increasing the company's footprint in data centers, which provide the computing power that A.I. products and algorithms require.
Meta Platforms will invest $60 billion to $65 billion in capital expenditure in 2025, CEO Mark Zuckerberg said in a Facebook post on Friday.

3 Buy-and-Hold Stocks for Long-Term Growth

08:02am, Friday, 24'th Jan 2025
When it comes to looking for "buy-and-hold forever” stocks, there are some important things to pay attention to. The most notable is the ability of these companies to benefit from trends that are li
An AI lab out of China has ignited panic in Silicon Valley after releasing impressive AI models more cheaply and with less-powerful chips than U.S. AI giants.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Meta guru urges Europe to gamble more on AI

06:38am, Friday, 24'th Jan 2025
Europe should take greater risks and plow more money into artificial intelligence, Meta's chief AI scientist Yann LeCun told AFP at the World Economic Forum.
Buying and holding solid technology companies is a tried and true way of making money in the stock market, and that's not surprising as this strategy will allow investors to capitalize on disruptive g
Meta's engagement is steady after the company cut fact-checking and diversity programs. A potential TikTok ban might've overshadowed concerns about the policy changes.
Some posts related to obtaining abortion pills were recently hidden on Instagram and Facebook and some accounts were suspended, before being later restored.
It may be back to the drawing board yet again for Meta when it comes to the European version of the company's no-ad Facebook and Instagram subscription service. According to a Reuters report Thursday
The inability of Meta's AI chatbot to identify the current president of the United States was elevated to urgent status by the Facebook owner this week, requiring a fast fix, a person familiar with th
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