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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.Β  β€œWe 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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Google faces EU antitrust complaint over AI Overviews

A group known as the Independent Publishers Alliance has filed an antitrust complaint with the European Commission over Google’s AI Overviews, according to Reuters. The complaint accuses Google of β€œmisusing web content for Google’s AI Overviews in Google Search, which have caused, and continue to cause, significant harm to publishers, including news publishers in the […]
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