Meta CEO Mark Zuckerberg said the company plans to significantly increase its capital spending this year as it aims to keep pace with competitors in the AI space.
In a Facebook post on Friday, Zuckerberg said Meta expects to spend $60 billion, $80 billion on CAPEX in 2025, primarily on data centers and growing AI development teams of the company. This projected range is approximately double the double meta of $35 billion to $40 billion spent on CAPEX last year.
Zuckerberg also wrote that Meta plans to bring about a gigawatt of computing online this year, roughly the amount of power consumed by 750,000 average homes, and expects the company’s data centers to will pack more than 1.3 million GPUs by the end of the year.
META’s investments come as AI competitors pour billions into their own infrastructure projects. Microsoft plans to spend $80 billion on AI data centers in 2025, while OpenAI is contributing to a joint venture, Stargate, that could give it hundreds of billions of dollars in data center resources.