- Mark Zuckerberg announced Meta Platforms will invest hundreds of billions of dollars to construct vast AI data centers, aiming to achieve superintelligence.
- The first multi-gigawatt data centre, named Prometheus, is anticipated to be operational by 2026, with another, Hyperion, designed to scale up to 5 gigawatts in the coming years.
- Zuckerberg justified the substantial spending by highlighting the strength of Meta's core advertising business, despite investor concerns about the expenditure.
- Meta recently reorganised its AI efforts into a new division, Superintelligence Labs, following previous setbacks, with expectations of generating new revenue streams.
- The company has raised its 2025 capital expenditure to between $64 billion and $72 billion to bolster its competitive standing against rivals such as OpenAI and Google.
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