Urgent.News

What's breaking now, across thousands of outlets.

Business

Künstliche Intelligenz: „Schattenverschuldung“: KI-Konzerne laden sich finanzielle Verpflichtungen von 2,7 Billionen Dollar auf

Microsoft, Alphabet und Co. haben ihre finanziellen Verpflichtungen stark ausgeweitet. In den Bilanzen tauchen sie nicht auf. Eine Analyse zeigt, worauf Anleger achten sollten.

Original German Read in English

Künstliche Intelligenz: „Schattenverschuldung“: KI-Konzerne laden sich finanzielle Verpflichtungen von 2,7 Billionen Dollar auf

Facebook's parent company Meta has committed to investing at least $135 billion (approximately €120 billion) in expanding its artificial intelligence infrastructure this year, according to recent reports. The company has increased the lower end of its expenditure forecast by $5 billion. Meta CEO Mark Zuckerberg is aggressively expanding AI data centers in a bid to compete with leaders such as OpenAI, which developed ChatGPT. Despite this, Meta still anticipates a total investment of $145 billion in AI development.

The majority of this funding is derived from the booming advertising business within the Facebook conglomerate. In the last quarter, Meta's revenue increased by 26 percent year-on-year, reaching $64.6 billion. The company's profit for the period amounted to $9.86 billion, compared to a loss of $2.7 billion a year prior. As of now, Meta's apps have been used by a minimum of 3.64 billion users, the same figure as three months prior.

The Meta umbrella also comprises the messaging service WhatsApp, the photo and video platform Instagram, and Threads, a competitor to Musk's Twitter successor, X.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at handelsblatt.com →

More in Business

More from Thursday 22 October →