On Friday, Meta CEO Mark Zuckerberg announced plans for the company to invest approximately $60 billion to $65 billion in capital expenditures in 2025, as it focuses on enhancing its artificial intelligence infrastructure. Zuckerberg emphasized that 2025 will be "a defining year for AI" and revealed that Meta is constructing a large datacenter that "would cover a significant part of Manhattan" to support its AI capabilities. He also mentioned that Meta aims to add around 1 gigawatt in computing power and will finish the year with over 1. 3 million graphics processing units. "This is a massive effort, and it will significantly impact our core products and business over the coming years, drive historic innovation, and bolster American technology leadership, " Zuckerberg stated in a Facebook post. Following this announcement, Meta shares reached a new all-time high during intraday trading. In recent years, the company has invested billions in AI, stepping up its research and development efforts. However, the market is highly competitive, and it may take time for investors to see returns.

In an April call with investors, Zuckerberg noted that he anticipates a "multiyear investment cycle" before Meta's AI products become profitable services, but he expressed confidence in the company's "strong track record" in this area. At that time, Meta’s shares had dropped 16%. The company continues to derive the majority of its revenue from digital advertising. On Friday, Zuckerberg indicated that he expects the Meta AI digital assistant to emerge as the "leading assistant serving more than 1 billion people. " He also shared plans for developing an AI engineer capable of contributing "increasing amounts of code to our R&D endeavors. " "We have the capital to keep investing in the years to come, " he concluded in his Facebook post.