Mark Zuckerberg

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The hidden cost of living amid Mark Zuckerberg’s $110M compound

Mark Zuckerberg has spent 14 years gobbling up his leafy Palo Alto neighborhood, according to a New York Times report detailing how the Meta CEO has purchased 11 properties for over $110 million to create his own personal fiefdom in Crescent Park. The piecemeal compound features a main residence, guest homes, manicured gardens, and a […]

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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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