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Denial of $200 billion investment claim

Allegations surfaced that Meta would invest $200 billion in artificial intelligence. The company stated that these rumors were purely speculative. Social media company Meta was rumored to make a massive investment in artificial intelligence. It was claimed that Meta, the parent company of WhatsApp, Instagram, and Facebook, planned to build a huge data center campus for AI projects. The Information reported that the company’s executives were considering building the facility in states like Louisiana, Wyoming, or Texas. However, a Meta spokesperson denied these investment claims. They pointed out that the company’s data center plans and capital expenditures had already been announced, dismissing the rumors as pure speculation. Earlier this year, Meta CEO Mark Zuckerberg announced plans to spend up to $65 billion to expand the company’s AI infrastructure.

Denial of $200 billion investment claim

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Denial of $200 billion investment claim

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