Meta will spend "hundreds of billions of dollars" on AI infrastructure over the long term, CEO Mark Zuckerberg said.
The comments come after wider concern about heavy data center investments following the release of a new model by China's DeepSeek. Last week, rival OpenAI announced a $500bn Stargate data center effort.
Meta's planned Louisiana mega campus
– Meta
In its latest earnings call, Meta Platforms posted growing revenue and profit.
Revenue jumped 21 percent to $48.39 billion, with profits up 49 percent to $20.83bn. The company predicts Q1 2025 revenue to be in the range of $39.5-41.8bn.
Capital expenditures, which primarily include data centers and servers, hit $14.84bn for the fourth quarter and $39.23bn for the full year. The company expects full-year 2025 capex to be in the range of $60-65 billion.
Part of that capex will include the first phase of a planned 2GW, four million sq ft (371,612 sqm) data center in Louisiana. The company expects to bring around 1GW of compute online this year.
“We continue to make good progress on AI, glasses, and the future of social media,” Zuckerberg said. “I’m excited to see these efforts scale further in 2025.”
This week, Meta also agreed to pay President Trump $25 million to settle a 2021 lawsuit he filed after the company suspended his Facebook and Instagram accounts, The New York Times reports. Trump was banned following the January 6 riots.
