Meta plans to bring around 1GW of compute online this year, and expects to field a fleet of more than 1.3 million GPUs by year-end.

CEO Mark Zuckerberg said that the company plans to invest $60-65 billion on capital expenditure, primarily on data centers and servers, as well as grow its AI teams "significantly."

Last year, Meta's capex was between $35bn and $40bn, representing a significant increase. This month, Microsoft said that it would spend $80bn on AI data centers.

In a Facebook post, Zuckerberg also re-announced a $10 billion data center in Richland Parish, northeast Louisiana.

Proceed here to read the full article (source): Data Center Dynamics