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                      Zia Ijaz Appointed Askari Bank’s New CEO
                      January 26, 2025
                      Google and Punjab Collaborate on AI Education
                      January 27, 2025

                      Meta’s $65 Billion Push for AI Dominance

                      Published by News Desk on January 27, 2025
                      Categories
                      • Digital Pakistan
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                      Meta is set to invest $60–65 billion in artificial intelligence (#AI) #infrastructure in 2025, per CEO Mark Zuckerberg‘s recent #announcement. This represents a #sharp rise from the $38–40 billion spent in 2024 as Meta steps up its #competition with OpenAI and Google.

                      Zuckerberg labeled 2025 as a “defining year for AI,” revealing #plans for a massive data center spanning a significant portion of #Manhattan. The facility will bring 1 #gigawatt of computing #power #online and include over 1.3 million #GPU chips by year-end.

                      #Meta‘s stock rose 1.7% following the #announcement, closing at $647.49, a record high. Over the past year, the company’s shares have climbed nearly 65%, reflecting investor #confidence in its AI strategy.

                      The announcement aligns with the unveiling of “#Stargate,” a $500 billion AI initiative led by the U.S. government, with SoftBank Group Corp., Oracle, and OpenAI as partners.

                      Meta plans to expand its workforce of AI s#pecialists and focus on its Llama 4 large language model, expected to reach over 1 #billion users by 2025. Unlike rivals Microsoft and Amazon, Meta adopts an open-source #strategy, offering its AI models free for #public and #business use.

                      #DigitalPakistan #TechUpdate

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                      • News Desk

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