Mark Zuckerberg says Meta will have 1.3M GPUs for AI by year-end
1. Meta to increase capex to $60-$80 billion in 2025, double last year's spending. 2. Investment focused on data centers and AI development to compete with rivals. 3. Meta aims to provide one gigawatt of compute power this year. 4. Competitors like Microsoft and OpenAI are also significantly investing in AI.