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Impersonators are targeting companies with fake TechCrunch outreach

Hi, thanks as always for reading TechCrunch. We want to talk with you quickly about something important. We’ve discovered that scammers are impersonating TechCrunch reporters and event leads and reaching out to companies, pretending to be our staff when they absolutely are not. These bad actors are using our name and reputation to try to […]

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Meta to spend up to $72B on AI infrastructure in 2025 as compute arms race escalates

Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said Wednesday in its second-quarter earnings report that it plans to more than double its spend on building AI infrastructure – like data centers and servers. 

“We currently expect 2025 capital expenditures, including principal payments on finance leases, to be in the range of $66-72 billion…up approximately $30 billion year-over-year at the midpoint,” Meta said.

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