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Zuckerberg says Meta will build a data center the size of Manhattan in AI push

10 months ago
  • #Meta
  • #Tech Investment
  • #Artificial Intelligence
  • Meta plans to spend hundreds of billions on AI development and build a massive data center.
  • The company is investing heavily in AI researchers, with some pay packages reaching $100 million.
  • Meta's first multi-gigawatt data center, Prometheus, is set to launch in 2026.
  • Another data center, Hyperion, will scale up to 5 gigawatts in the coming years.
  • Meta aims to be the first AI lab to bring a gigawatt-plus supercluster online.
  • Zuckerberg justifies the spending with the strength of Meta's core advertising business.
  • Meta reorganized its AI efforts under Superintelligence Labs after setbacks with Llama 4.
  • The company is betting on new cashflows from AI apps, ad tools, and smart glasses.
  • Meta raised its 2025 capital expenditure predictions to $64bn-$72bn to compete with OpenAI and Google.