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2d ago

Meta Unveils $72 Billion AI Budget to Fuel Superintelligence Drive

Meta’s record infrastructure spending promises to boost ad revenue through embedded generative AI with plans to build an elite team for personal superintelligence.

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears Orion augmented reality (AR) glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 25, 2024. Meta Platforms Inc. debuted its first pair of augmented reality glasses, devices that show a combined view of the digital and physical worlds, a key step in Chief Executive Officer Mark Zuckerberg's goal of one day offering a hands-free alternative to the smartphone.
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© Bloomberg / Getty Images
Mark Zuckerberg has published his AI manifesto.

Overview

  • Meta forecasts $72 billion in 2025 capital expenditure to expand data centers and multi-gigawatt AI compute clusters.
  • Generative AI features powered a 22% year-over-year revenue increase in Q2 by lifting ad impressions and pricing.
  • Reality Labs recorded $370 million in revenue against $4.5 billion in operating losses for the quarter.
  • Mark Zuckerberg published a manifesto for personal superintelligence that prioritizes individual empowerment and smart glasses as the primary interface.
  • Meta Superintelligence Labs has secured high-profile researchers even as teams like Thinking Machines Lab have rebuffed multi-hundred-million-dollar offers.