Meta Boosts Capex to $65B
Bloomberg Technology
Bloomberg
4.5 • 49 Ratings
🗓️ 24 January 2025
⏱️ 36 minutes
🧾️ Download transcript
Summary
Bloomberg's Caroline Hyde and Mike Shepard discuss Meta's capex boost as CEO Mark Zuckerberg plans up to $65 billion in AI investments. And, global chip stocks pull back as Texas Instruments' outlook underwhelms. Plus, they speak with Project Liberty founder Frank McCourt about his bid and the future for TikTok.
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| 1:17.5 | with Caroline Hyde and Ed Ludlow. |
| 1:20.1 | Thank you. Live from New York, I'm Caroline Hyde. |
| 1:37.0 | And I'm Mike Shepard in Washington. |
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| 1:40.6 | Coming up, Metas all in on AI with plans to boost capital expenditure to up to $65 billion in 2025. |
| 1:48.0 | Plus the chopy start to chip earnings with global semi-stocks falling after Texas instruments is the latest to underwhelm. |
| 1:54.0 | And we'll be joined by Frank McCourt on the future of TikTok in the US and his bid for the social media platform. |
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