Reuters reports that Meta plans to invest between $60 billion and $65 billion in 2025 to enhance its artificial intelligence (AI) and other infrastructure. This marks a significant leap from its estimated $38 billion—$40 billion spending in 2024,

Nvidia Corp. ( NVDA, Financials) shares fell 1.78% on Friday, closing at $144.60 as of 11:55 am GMT-5. The fall followed a statement by Meta Platforms ( META, Financials) CEO Mark Zuckerberg on the major AI investment plan of the business.

Meta Platforms CEO Mark Zuckerberg revealed plans to build a massive artificial intelligence data center, but Nvidia dipped slightly. Read more here.

If the stock is unable to hold that critical $130 price, a new phase of short-term trading patterns will begin, taking NVIDIA to a target price of $120. That would also form a short-term bearish pattern of lower highs and lower lows for NVIDIA stock.

Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing power needed by A.I. products and algorithms.

"This will be a defining year for AI," Zuckerberg said in a Facebook post. "Over the coming years, it will drive our core products and business."

Meta Platforms plans to spend $65bn this year to expand its AI infrastructure, according to CEO Mark Zuckerberg. The investment aims to bolster the company’s position against rivals OpenAI and Google in the race to dominate the technology, Reuters reported.

Quantum computing stocks have seen quite a run-up in recent months, but determining which companies are leading the charge can be tough to navigate.

The company plans to spend up to $65 billion on infrastructure for AI in 2025, and is planning a data center with a footprint almost as large as Manhattan.

Meta CEO Mark Zuckerberg announced Friday that the company plans to build a massive data center in Louisiana to power its newest AI model, Llama 4, which is set to launch this year.

Chinese AI company DeepSeek says its DeepSeek R1 model is as good, or better than OpenAI's new o1 says CEO: powered by 50,000 NVIDIA H100 AI GPUs.

Tesla, Meta, Microsoft are near buy points with earnings due. Apple and many others are on tap too with the S&P 500 is at highs.