Investing.com -- Meta Platforms announced plans to invest between $60 billion and $65 billion in capital expenditures for 2025, exceeding Wall Street's estimated $51.3 billion.
The announcement was made in a Facebook (NASDAQ: META ) post by CEO Mark Zuckerberg, who emphasized the pivotal role artificial intelligence will play in shaping Meta’s future.
“This will be a defining year for AI,” Zuckerberg wrote, outlining Meta’s ambitious plans. “In 2025, I expect Meta AI will be the leading assistant serving more than 1 billion people, Llama 4 will become the leading state-of-the-art model, and we’ll build an AI engineer that will start contributing increasing amounts of code to our R&D efforts.”
To support these efforts, Meta plans to construct a massive 2GW+ data center capable of hosting over 1.3 million GPUs by the end of 2025. The company aims to bring online approximately 1GW of compute power within the year.
Zuckerberg described the initiative as “a massive effort” that will drive innovation, enhance core products, and bolster U.S. technology leadership.
Shares of key AI-related companies gained following the announcement, with Arista Networks (NYSE: ANET ) and NVIDIA (NASDAQ: NVDA ) both climbing as investors anticipated strong demand for AI infrastructure.
Zuckerberg concluded: “This is a massive effort, and over the coming years, it will drive our core products and business, unlock historic innovation, and extend American technology leadership.”