July 14 (Reuters) -
Mark Zuckerberg said on Monday that Meta would
spend hundreds of billions of dollars to build several massive
AI data centers for superintelligence, intensifying his pursuit
of a technology that he has chased with a talent war for top AI
engineers.
The social media giant is among the large technology
companies that have chased high-profile deals and doled out
multi-million-dollar pay packages in recent months to fast-track
work on machines that can outthink humans on most tasks.
Meta reorganized its AI efforts under a new division called
Superintelligence Labs last month following setbacks with its
Llama 4 model amid key staff departures. It expects the new
division to generate new cash flow streams from the Meta AI app,
image-to-video ad tools and smart glasses.
Unveiling the spending commitment in a Threads post on
Monday, CEO Zuckerberg touted the strength in the company's core
advertising business to support the massive spending that has
raised concerns among tech investors about potential payoffs.
"We have the capital from our business to do this,"
Zuckerberg said. He also cited a report from a chip industry
publication Semianalysis that said Meta is on track to be the
first lab to bring online a 1-gigawatt-plus supercluster, which
refers to a massive data center built to train advanced AI
models.
Meta is building several multi-gigawatt data center clusters
to support its AI ambitions, Zuckerberg said.
The first, dubbed Prometheus, is expected to come online
in 2026, while another, called Hyperion, will be able to scale
up to 5 gigawatts over the coming years, he said, adding that
the company was also developing multiple additional clusters.
Meta shares were trading 1% higher. The stock has risen more
than 20% so far this year.
Zuckerberg has personally led an aggressive talent raid for
the Meta Superintelligence Labs, which will be led by former
Scale AI CEO Alexandr Wang and ex-GitHub chief Nat Friedman,
after Meta invested $14.3 billion in Scale.
The company has also offered to buy a minority stake in
Friedman and tech investor Daniel Gross NFDG's funds from
limited partners through a tender offer, sources have told
Reuters.
Meta had raised its 2025 capital expenditure to between
$64 billion and $72 billion in April, aiming to bolster the
company's position against rivals OpenAI and Google.
(Reporting by Jaspreet Singh and Aditya Soni in Bengaluru;
Editing by Anil D'Silva)