Meta's official press releases or construction updates

Meta to Invest $60-65 Billion in 2025 CapEx, Surpassing Estimates to Boost AI and Data Centers

Jan 24, 2025, 02:17 PM

Meta Platforms Inc. CEO Mark Zuckerberg announced plans to invest $60 billion to $65 billion in capital expenditures in 2025, significantly surpassing previous guidance of $38 billion to $40 billion for 2024 and analyst estimates of $51.31 billion. The increased investment is driven by the company's focus on artificial intelligence initiatives, including the development of Meta AI, an assistant expected to serve over 1 billion people, and LLaMA 4, which aims to become the leading state-of-the-art model. Meta is also building an AI engineer that will contribute code to AI research and development. The company is constructing a massive 2GW+ data center, large enough to cover a significant part of Manhattan, and expanding data centers in Arizona and Louisiana. Meta aims to bring online approximately 1GW of compute power in 2025 and expects to end the year with more than 1.3 million GPUs. The company also plans to significantly expand its AI teams.