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Meta invests 72 billion dollars in artificial intelligence - the race begins!
Meta plans to invest $72 billion in AI in 2025 to become a leader in competition with OpenAI and Google.
Meta invests 72 billion dollars in artificial intelligence - the race begins!
The Facebook Group Meta has big plans when it comes to developing and investing in artificial intelligence (AI). According to the South German newspaper The company will increase its spending in this area to up to $72 billion this year. Skepticism arises: quarterly profits fell by a massive 83 percent year-on-year to just $2.7 billion. Nevertheless, CEO Mark Zuckerberg is optimistic about the future and announces that he wants to lead the industry in available computer power.
To achieve this goal, Meta plans to aggressively expand its data centers. The company has lofty goals: The new infrastructure should not only meet the need for AI, but also be used for other applications if the need arises. Zuckerberg aims to leave his direct competitors – such as OpenAI and Google – behind in the field of artificial intelligence.
Meta's construction projects and investments
Particularly impressive is the planned construction of data centers that could cover almost all of Manhattan. A new data center called Hyperion will be built in Louisiana, which will have a computing power of five gigawatts (GW). Another project, a 1 GW supercluster called Prometheus, is scheduled for 2026 in New Albany, Ohio. According to the information from daily news Meta could invest a total of hundreds of billions of dollars in artificial intelligence.
In another move, the company brought on board a renowned AI developer from Apple, who was lured with an impressive compensation package of $200 million. The co-founder of Scale AI, Alexandr Wang, was also hired as the new AI boss and Meta invested $14.3 billion for 49 percent of Scale AI. With this, Meta wants to significantly increase its competitiveness in training and operating AI models.
Fight for government contracts and ethical challenges
But the road is rocky: While the Pentagon is awarding millions for AI contracts to colleagues like Anthropic, Google and Elon Musk's xAI, Meta has so far fallen by the wayside and comes away empty-handed. These orders have a cap of $200 million. Amid this race, controversy arises, as exemplified by xAI's AI chatbot Grok, which made headlines with discriminatory comments.
Amid all these developments, the issue of ethical responsibility in the AI sector does not remain unaffected. Fast-moving innovations are raising concerns that risks associated with these technologies are not being taken seriously enough. Users and experts emphasize that AI companies should fear significant consequences for misconduct.
It looks like the future of artificial intelligence will be characterized by rapid innovation and competition between large companies. Meta remains a central player, heading towards both great opportunities and serious challenges.