Tag Archives: Mark Zuckerberg

“Meta to Invest Over $60 Billion in AI Development in 2025”

Meta to Invest Over $60 Billion in AI, with Major Datacenter Plans

Meta Platforms Inc., led by CEO Mark Zuckerberg, has revealed ambitious plans to invest at least $60 billion in artificial intelligence (AI) technology in 2025, aiming to solidify its position as a leader in the rapidly expanding field. This investment will include a massive new datacenter to power Meta's AI operations, with total capital expenditures expected to range from $60 billion to $65 billion for AI-related technologies.

Read More »

Mark Zuckerberg Overtakes Jeff Bezos to Become the World’s Second-Richest Individual

Mark Zuckerberg Surpasses Jeff Bezos, Becomes World's Second-Richest Person

In a remarkable turn of events, Meta CEO Mark Zuckerberg has surpassed former Amazon CEO Jeff Bezos to claim the title of the world's second-richest person, with a net worth of $206.2 billion, according to the Bloomberg Billionaires Index. This achievement sees Zuckerberg outpacing Bezos's net worth of $205.1 billion, although he still trails Tesla CEO Elon Musk by nearly $50 billion.

Read More »