The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.
To protect their business model, Meta (and billionaire Elon Musk's X) have aligned themselves with the far right.
Since his takeover of then-Twitter in 2022, Mashable has reported that X's user base has declined, fleeing for alternatives like Bluesky, especially after the 2024 U.S. presidential election. Advertisers have been no different, with the trend of companies removing ads on X expected to continue this year.
OpenAI, SoftBank Group Corp. and Oracle Corp. unveiled Project Stargate during a Tuesday press briefing at the White House. The companies intend to build an expansive network of data centers that will be optimized to run AI workloads. OpenAI will be the sole user of the data centers, the Financial Times’ sources said.
Meta chief executive Mark Zuckerberg on Friday said the tech giant plans to invest at least $60 billion in artificial intelligence in 2025, aiming to lead in the technology.
Twitter's financials are still looking pretty dire — as owner Elon Musk himself admitted in a January email to staff reviewed by the WSJ.
President Donald Trump's "first buddy," Elon Musk, was seemingly everywhere in D.C. on Inauguration Day. Where (and with whom) was the billionaire?
Musk’s gesture has received mixed reactions from politicians and academics, with some likening it to a Nazi salute and others saying it was an accidental action made in the heat of his victory speech.
Elon Musk, Jeff Bezos and Mark Zuckerberg will attend President-elect Donald Trump’s inauguration Monday, according to an official involved with planning the event. They will have a prominent spot at the ceremony,
Trump's former chief strategist told ABC Sunday he believes the billionaires' inauguration attendance is an "official surrender" to the next administration.
Retired wrestler Hulk Hogan and UFC CEO Dana White are among speakers for Trump rally one day before inauguration
Among the guests at Donald Trump's second inauguration in Washington, D.C. today were three billionaire tech CEOs: Amazon's Jeff Bezos, Tesla's Elon Musk, and Meta's Mark Zuckerberg. They were also joined by Google CEO Sundar Pichai and Apple CEO Tim Cook.