Reported 1 day ago
Meta is set to invest up to $65 billion in AI infrastructure in 2025, joining other major tech companies in a competitive race to dominate the AI market. Analyst Jordan Klein emphasizes the necessity for these corporations to heavily invest early on, although he cautions that the growth rate of spending may begin to slow down in the coming years. Investors remain focused on AI monetization and are willing to overlook massive capital expenses as long as growth continues.
Source: YAHOO