"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."

Meta CEO Mark Zuckerberg expects to spend as much as $65 billion on AI in 2025 as part of a “massive effort” to further the company’s AI ambitions. Part of the plan includes a Louisiana data center that Zuckerberg says “is so large it would cover a significant part of Manhattan,” he wrote on Threads today.

Meta (META) is turning up the heat on the AI competition. On Friday, CEO Mark Zuckerberg announced that the company plans to pour billions more into its artificial intelligence development efforts, construct a massive new data center,

Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison's stake also rises.

Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital expenditures.

Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said today, joining a wave of Big Tech firms unveiling hefty investments to capitalise on the technology.

Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL), despite backing from his allies — including President Donald Trump.

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CEO Mark Zuckerberg revealed plans to build a massive artificial intelligence data center stacked with GPUs in New York City, but Nvidia (NASDAQ:NVDA), which was the largest GPU supplier for Meta in 2024,

Trump announced a $500 billion project called Stargate backed by SoftBank, Oracle, and OpenAI. The details of this project have

Out of the 43 analysts covering NVDA stock, 36 recommend “Strong Buy,” three recommend “Moderate Buy,” and four recommend “Hold.” The average target price for NVDA stock is $176.90, indicating upside potential of 20% from current levels.

Overall, analysts continue to remain bullish on Nvidia stock. The consensus rating is a "Strong Buy,” with a mean target price of $176.90, indicating upside potential of about 20.3%. Out of 43 analysts covering NVDA stock, 36 have a “Strong Buy” rating, three have a “Moderate Buy” rating, and four have a “Hold” rating.