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Meta to invest up to $65 billion in capital expenditure this year
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Meta Platforms will invest $60 billion to $65 billion in capital expenditure in 2025, CEO Mark Zuckerberg said in a Facebook post on Friday.
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The company will build an AI engineer that will start contributing increasing amounts of code to its research and design efforts, Zuckerberg said.
Shares of the company were down about 1% in pre-market trading.
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