The cofounder and CEO of Meta doubled down on plans to spend hundreds of billions of dollars on AI infrastructure as China's DeepSeek raises questions about the costs of the AI arm's race.
On Meta's earnings call, Mark Zuckerberg said this will be a "big year" for redefining the company's relationship with the federal government.
Zuckerberg expects Meta’s AI assistant — available across its services, including Facebook and Instagram — to serve more than 1 billion people in 2025.
Microsoft shares dropped 5 per cent, while Meta was up 2 per cent after their October-December Q1 results, both companies posted profits, according to AP reports.
Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital expenditures.
Stephen Miller told Zuckerberg that the billionaire mogul had “an opportunity to help reform America, but it would be on Trump’s terms.”
DeepSeek will not derail Microsoft and Meta spending a combined $US145bn ($232.3bn) on artificial intelligence this year, with Mark Zuckerberg steaming ahead with plans to build a data centre almost the size of Manhattan.
Jeff Bezos, Mark Zuckerberg, Elon Musk, and other tech leaders are providing Trump with a warmer welcome to the White House than eight years ago.
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.
Mark Zuckerberg is reportedly seeking to align with Trump by buying property in D.C. and advising on AI, signaling a shift from their past conflicts.
Meta CEO Mark Zuckerberg anticipates a transformative year for AI in 2025, aiming for over 1 billion users with Meta AI and significant advancements in data centers and GPU deployment, backed by a $60-65 billion investment in capex to enhance innovation and technology leadership.