Meta's Zuckerberg pledges hundreds of billions for AI data centres in superintelligence push
The social media giant META.O is among the large tech companies that have struck high-profile deals and doled out multi-million-dollar pay packages in recent months to fast-track work on machines that could outthink humans on many tasks.
Its first multi-gigawatt data centre, 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, Zuckerberg said in a post on his Threads social media platform.
'We're building multiple more titan clusters as well. Just one of these covers a significant part of the footprint of Manhattan,' the billionaire CEO said.
He also pointed to a report from industry publication SemiAnalysis that Meta was on track to be the first AI lab to bring a gigawatt-plus supercluster online.
Zuckerberg touted the strength in the company's core advertising business to justify the massive spending amid investor concerns on whether the expenditure would pay off.
'We have the capital from our business to do this,' he said.
Meta shares were trading 1% higher. The stock has risen more than 20% so far this year.
The company, which generated nearly $165 billion in revenue last year, reorganized its AI efforts last month under a division called Superintelligence Labs after setbacks for its open-source Llama 4 model and key staff departures.
It is betting that the division would generate new cash flows from the Meta AI app, image-to-video ad tools and smart glasses.
Top members of the unit have considered abandoning Behemoth, the company's most powerful open-source AI model, in favor of developing a closed alternative, the New York Times reported separately on Monday.
D.A. Davidson analyst Gil Luria said Meta was investing aggressively in AI as the technology has already boosted its ad business by allowing it to sell more ads and at higher prices.
'But at this scale, the investment is more oriented to the long-term competition to have the leading AI model, which could take time to materialize,' Luria said.
In recent weeks, 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 US$14.3 billion in Scale.
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
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
an hour ago
- Globe and Mail
Why is Canada's TSX at all time highs, while Economic Indicators are very Concerning?
TSX at All Time Highs (About (STA Research): Is a Canadian investment research company, consisting of Financial Professionals specializing in advanced stock research and analysis). Canada's TSX (Toronto Stock Exchange) is hitting all-time highs while many key economic indicators (continued falling GDP per Capita growth, rising unemployment (almost at 7%), dropping productivity, personal and corporate capital outflows, with limited business investment alonside rapid rising government and personal debt levels) are signaling concerning trends that warrant closer examination. Here are several potential factors and explanations that could explain this seeming disconnect between the stock market performance and broader economic conditions: 1. Stock Market vs. Real Economy The first thing to understand is that stock markets and the real economy often don't move in lockstep. Stocks represent the value of companies (and their future growth prospects) rather than the state of the broader economy. Markets can remain optimistic about corporate earnings and future growth, even when broader economic indicators—such as unemployment, inflation, or GDP growth—show signs of weakness. Earnings Growth: The TSX is seeing a rise in its value due to strong earnings growth in key sectors (such as energy, commodities, and financials), even while macroeconomic conditions deteriorate. Companies within the TSX, especially in the energy and materials sectors, are benefiting from high commodity prices (oil, metals, etc.) while the overall economy struggles. Divergence of Corporate Performance: While the economy may be slowing down, large companies with significant revenue from global markets or higher margins are still reporting strong profits. This leads to rising stock prices, even in the face of broader challenges. 2. Commodity Boom and Canada's Resource-Heavy Economy Canada's stock market is heavily weighted toward sectors like energy, materials, and financials, which make up a significant portion of the TSX Composite Index. Many of these sectors have been benefiting from high commodity prices, especially: Oil and Gas: Global energy demand has driven up oil and gas prices, leading to a significant boost in the market capitalization of companies like Suncor, Enbridge, and Cenovus, all of which are heavily represented on the TSX. Metals and Mining: With ongoing demand for metals (such as copper, lithium, and gold), companies in the mining sector have seen increased earnings, which has lifted the overall market, even as other economic indicators are more concerning. These commodity-driven sectors are benefiting from high inflation in global markets, particularly in energy and raw materials, and can sometimes push stock prices higher despite domestic economic difficulties. 3. Capital Inflows and Global Liquidity Another significant factor driving the TSX to all-time highs may be global capital inflows, especially from institutional investors, looking for higher returns or stability amid global uncertainty. Canada's relatively stable financial system, coupled with its resource-rich economy, often makes it an attractive destination for foreign investment. Low Interest Rates: In the past few years, central banks (including the Bank of Canada) have kept interest rates low, which often makes equities more attractive relative to fixed income (bonds) and cash. This leads to more money flowing into the stock market, pushing prices higher, even when there are signs of economic weakness in other areas. Investors Seeking Safe Havens: In times of economic uncertainty, investors may seek refuge in companies that have strong balance sheets and stable dividend payments—traits that are commonly found in resource and energy companies. 4. Sector-Specific Strength While the broader economy may be facing challenges like inflation, high consumer debt, and slower growth, the TSX might be benefiting from a sector-specific boom. For instance: Financials: The TSX has a large weighting in financial institutions, many of which are experiencing profitability due to strong loan growth, higher interest rates, and the overall stability of Canada's financial sector. Technology & Health: Although not as dominant in the TSX as other sectors, there has been growth in tech and healthcare stocks, which have benefited from global trends and long-term growth prospects, even if domestic economic indicators are more concerning. 5. Inflation and Corporate Pricing Power Inflation, although a concern for the economy, can benefit certain companies—particularly those with significant pricing power. Many commodity-based companies and large-cap corporations are able to pass on costs to consumers, maintaining profitability despite inflationary pressures. This has helped keep their stock prices high, even when inflation and rising costs are hurting consumers. Corporate Earnings Resilience: Despite concerns over inflation, and economic slowdown, many companies on the TSX have managed to grow earnings, which helps push stock prices up. 6. Expectations of Future Economic Recovery Despite concerning economic indicators today, many investors might be betting on a future recovery in certain sectors or believe that economic pressures (such as inflation) are temporary. Optimism about the post-pandemic recovery, the green energy transition, or the potential for geopolitical stabilization might lead investors to take a long-term view on Canadian equities, especially those in energy and materials. 7. The Disconnect Between Economic Data and Investor Sentiment The stock market is heavily influenced by sentiment and expectations about the future. Economic data can often be backward-looking, while markets are forward-looking. If investors are optimistic about future growth, particularly in key sectors like energy and resources, they may continue to drive up stock prices despite short-term concerns about economic conditions. Market Timing and Speculation: Short-term market movements are also often influenced by speculation, and the expectation that certain sectors will outperform can cause overvaluation in the stock market, despite real economic weakness. 8. Government and Central Bank Actions Monetary and fiscal policies have played a huge role in shaping market conditions. Despite concerns about the economy, loose monetary policies (low-interest rates, quantitative easing) from central banks globally, including the Bank of Canada, have contributed to a liquidity-driven rise in equity markets. Additionally, government spending (such as infrastructure investments and subsidies) can provide short-term boosts to sectors like construction and energy, which can lift stocks. Outlook Canada's economy in 2025 presents a concerning outlook, as the unemployment levels remains elevated, while the broader economic landscape faces challenges, such as GDP growth concerns, inflationary pressures, and higher interest rates. The resource-heavy sectors like energy, financials, and natural resources continue to perform well, providing some economic stability and contributing to the all-time highs on the TSX. However, concerns persist with rising housing costs, consumer debt, and regional disparities in job growth. The Canadian economy is navigating through these complexities with a mix of optimism from strong commodity exports and cautiousness due to global and domestic risks.
National Post
an hour ago
- National Post
Latest Mouser Series Navigates the Balance of AI and Human Expertise in Engineering
Article content Sorry, your browser doesn't support embedded videos. Article content DALLAS & FORT WORTH, Texas — Mouser Electronics, Inc., the authorized global distributor with the newest electronic components and industrial automation products, today released its latest installment of the Empowering Innovation Together (EIT) technology series, AI-powered engineering. This installment explores the balancing act of utilizing the capabilities of Artificial Intelligence (AI) with human expertise. AI-powered tools are now enabling engineers to streamline complex design processes with unprecedented precision. Article content Explore how AI-powered tools reshape the engineering workflow by streamlining design and improving collaboration — accelerating innovation from concept to production. By offloading time-consuming analysis and surfacing design insights faster, AI allows engineers to focus on what they do best: solving high-level challenges, pushing technical boundaries, and crafting sophisticated solutions. As generative intelligence and predictive modeling become more advanced, the synergy between human insight and machine intelligence is redefining how engineering problems are approached and how quickly innovations can reach the market. With proper utilization, engineers can push boundaries, innovate more freely, and ultimately deliver more robust and sophisticated solutions. This human-centric approach to AI integration ensures that technology becomes a trusted collaborator. Engineers remain at the heart of every breakthrough, equipped with the tools to move faster, think bigger, and innovate with greater confidence than ever before. Article content In The Tech Between Us podcast, host Raymond Yin, Mouser Director of Technical Content, is joined by Nemanja Jokanovic, Head of Sales at SnapMagic, to examine the evolution of engineering tools with recent AI integration and how it has impacted the future of design. The In Between The Tech podcast features Nirman Dave, CEO at Zams, as he discusses key factors in determining the quality of AI platforms, the benefits of low-code/no-code programs, and how AI-based tools can be used to enhance designs. Article content 'AI is revolutionizing the engineering workflow, enabling us to achieve unprecedented levels of accuracy and efficiency,' said Yin. 'The future lies in creating harmony between human ingenuity and the capabilities provided by AI-powered tools. This installment examines how engineers can master that collaboration to pioneer innovations the world has yet to imagine.' Article content In addition to the podcast, the EIT series includes an in-depth video, technical articles, and topic-related infographics, as well as subscriber-exclusive content, diving into how engineers can build a symbiotic relationship between their knowledge and intelligently powered tools. By exploring this relationship with AI, the series provides engineering professionals with the knowledge to develop a new wave of innovative solutions. Article content Established in 2015, Mouser's Empowering Innovation Together program is one of the electronic component industry's most recognized educational programs. To learn more, visit and follow Mouser on Facebook, LinkedIn, X and YouTube. Article content As a global authorized distributor, Mouser offers the widest selection of the newest semiconductors, electronic components and industrial automation products. Mouser's customers can expect 100% certified, genuine products that are fully traceable from each of its manufacturer partners. To help speed customers' designs, Mouser's website hosts an extensive library of technical resources, including a Technical Resource Center, along with product data sheets, supplier-specific reference designs, application notes, technical design information, engineering tools and other helpful information. Article content Engineers can stay abreast of today's exciting product, technology and application news through Mouser's complimentary e-newsletter. Mouser's email news and reference subscriptions are customizable to the unique and changing project needs of customers and subscribers. No other distributor gives engineers this much customization and control over the information they receive. Learn about emerging technologies, product trends and more by signing up today at Article content About Mouser Electronics Article content Mouser Electronics is an authorized semiconductor and electronic component distributor focused on New Product Introductions from its leading manufacturer partners. Serving the global electronic design engineer and buyer community, the global distributor's website, is available in multiple languages and currencies and features more than 6.8 million products from over 1,200 manufacturer brands. Mouser offers 28 support locations worldwide to provide best-in-class customer service in local language, currency and time zone. The distributor ships to over 650,000 customers in 223 countries/territories from its 1 million-square-foot, state-of-the-art distribution facilities in the Dallas, Texas, metro area. For more information, visit Article content Article content Article content Article content Article content Contacts Article content
Cision Canada
an hour ago
- Cision Canada
QualiZeal Receives Frost & Sullivan's 2025 India Technology Innovation Leadership Recognition for Excellence in GenAI Quality Engineering Platforms
QualiZeal's AI-powered platforms are revolutionizing software quality engineering and accelerating innovation through GenAI-driven automation. SAN ANTONIO, July 15, 2025 /CNW/ -- Frost & Sullivan is pleased to announce that QualiZeal has been awarded the 2025 India Technology Innovation Leadership Recognition in the GenAI quality engineering platform industry for its outstanding achievements in advancing software quality engineering through artificial intelligence and automation. This recognition highlights QualiZeal's consistent leadership in driving measurable outcomes, strengthening its market position, and delivering customer-centric innovation in an increasingly automated and competitive technology landscape. Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. QualiZeal excelled in both, demonstrating its ability to align strategic initiatives with market demand while executing them with consistency, scale, and innovation. "QualiZeal's deep-rooted focus on GenAI integration and its independent QE model allow it to address critical challenges that traditional embedded approaches cannot resolve. Its flagship platforms, QMentisAI and QualiCentral, represent a next-gen approach to software testing—data-driven, intelligent, and deeply aligned with customer success," said Heena Juneja, Industry Principal at Frost & Sullivan. Guided by a long-term growth strategy focused on innovation, strategic collaboration, and workforce inclusion, QualiZeal has shown its ability to adapt and lead in a rapidly evolving digital ecosystem. The company's investments in AI-driven accelerators, agentic AI, and scalable delivery models have enabled it to maintain a competitive edge and deliver transformative results across global markets. QualiZeal's suite of platforms, including the breakthrough QMentisAI (patent pending), uses GenAI to address software testing needs. Built on the MAYA (Most Advanced Yet Acceptable) design principle, QMentisAI offers 18 advanced capabilities for generating test cases, automating scripting, delivering real-time defect insights, and more. Engineered to integrate GenAI across the software testing lifecycle, QMentisAI helps cut test durations by nearly 60% while enabling up to 95% test coverage. The platform's agentic architecture (e.g., Test Strategy Agent, User Story Refinement Agent) includes built-in explainability features using RAG (Retrieval-Augmented Generation), providing users visibility into how decisions and suggestions are made—facilitating better trust and human oversight. The complementary platform and powerful suite of Quality Engineering assets and accelerators, QualiCentral, provides actionable QE analytics, equipping enterprises with data to improve decision-making, automation strategy, and release readiness. "As software engineering evolves, QMentisAI is our answer to bridging the gap between technology and human ingenuity. We are honored by this recognition for our platform's ability to significantly reduce manual effort, accelerate timelines, and foster seamless collaboration, making it a game-changer for teams striving for excellence," added Pradeep Govindasamy, Co-Founder, President & CEO, QualiZeal." "QMentisAI and QualiCentral are built in-house without any third-party dependencies. These platforms embody our vision of combining cutting-edge technology with human expertise to deliver superior results," said Madhu Murty, Co-Founder & Head of India Operations, QualiZeal. "By harnessing GenAI and a human-in-the-loop approach, we're enabling teams to reduce manual effort, expedite delivery timelines, and achieve unprecedented levels of efficiency in software testing." QualiZeal's unwavering commitment to customer experience further strengthens its market position. By enabling AI-powered self-service capabilities, adopting outcome-based pricing models, and expanding local delivery hubs—such as its newly launched Global Capability Center in Hyderabad—the company continues to exceed expectations for speed, quality, and efficiency. Its partner-led innovation strategy, including collaborations with Tricentis and Panaya, reinforces its ability to co-create innovations and deliver next-generation testing solutions at scale. Frost & Sullivan commends QualiZeal for setting a high standard in competitive strategy, execution, and market responsiveness. The company's vision, innovation pipeline, and customer-first culture are shaping the future of software quality engineering and driving tangible results across industries. Each year, Frost & Sullivan presents the Technology Innovation Leadership Recognition to a company that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning. The recognition celebrates forward-thinking organizations that are reshaping their industries through innovation and growth excellence. Frost & Sullivan Best Practices Recognitions acknowledge companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry. About Frost & Sullivan For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. About QualiZeal QualiZeal is North America's fastest-growing independent, AI-powered modern Quality Engineering company, delivering services across Quality Engineering, Digital Engineering, Advisory, and Emerging Tech Testing. Empowering global organizations through award-winning proprietary platforms like QMentisAI (patent pending) and QualiCentral, QualiZeal leverages AI and GenAI to solve complex QE challenges at scale and speed. Recognized by Gartner, Everest Group, Forrester, Frost & Sullivan, and NelsonHall, the company has earned multiple accolades—including the 2025 Gold Stevie® Award for Fastest Growing Tech Company of the Year (American Business Awards®), ET NOW's Best Organizations for Women, and the Economic Times' IT/ITES Services Provider of the Year, the 2022 Global Choice Award and 2024 American Business Award®. Trusted by 70+ global enterprise clients and backed by 850+ elite quality engineers, QualiZeal drives seamless digital transformation—reflected in an exceptional NPS score of 75.
