For 2025, Meta CEO Mark Zuckerberg announced last week that the company had planned a capital expenditure of around $65 billion to expand its AI infrastructure, which would also involve hiring experts in this area. However, on Wednesday, the company mentioned that its expenses for the year were estimated to be in the $114 billion to $119 billion range, resulting in up to 25 percent bump compared to 2024, where the figure was $95 billion. In short, Meta’s ambitions are crystal clear, but with the rise of DeepSeek, the firm’s capital expenditure could go into overdrive mode. However, Zuckerberg has […]
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