Meta plans to invest $65 billion in technology expansion by 2025.
Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, has announced plans to invest as much as $65 billion in capital expenditures (CapEx) this year. This substantial investment highlights Meta’s dedication to enhancing its infrastructure and broadening its reach in advanced technologies such as artificial intelligence, virtual reality, and the metaverse. This CapEx amount reflects Meta’s strategic emphasis on improving its data centers, AI-driven products, and immersive platforms. A considerable share of the funds is anticipated to aid in the development of Meta’s AI infrastructure, which supports essential features…