
Meta Boosts Capex to $65B
Bloomberg Tech
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Meta's AI Ambitions and Semiconductor Struggles
This chapter delves into Meta's substantial investment in artificial intelligence, aiming for a $65 billion capital expenditure by 2025 amidst challenges in the semiconductor sector. It examines the competitive AI landscape, the impact of market expectations on stock performance, and the necessity of private sector initiatives to maintain technological leadership. The discussion also highlights the geopolitical context and regulatory challenges that influence the tech industry's evolution.
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