Mark Zuckerberg said on Monday that Meta Platforms would spend hundreds of billions of dollars to build several massive AI data centers for superintelligence, intensifying his pursuit of a technology he has chased with a talent war for top engineers.

Meta is using weatherproof tent structures to house AI infrastructure, in a bid to build data centers as quickly as possible.

While its interim CEO cites demand changes, Scale AI has been reportedly losing customers since it buddied up with Meta.

Mark Zuckerberg says Meta is building out some massive data centers to power its AI ambitions and compete with OpenAI, Google, and Anthropic.

Meta Platforms, Inc. (NASDAQ: META) is one of the AI Stocks Gaining Attention on Wall Street. On July 15, BofA Securities analyst Justin Post raised the price target on the stock to $775.00 (from $765.00) while maintaining a “Buy” rating.

During a Senate Judiciary Committee hearing on Wednesday, Sen. Josh Hawley (R-MO) claimed the Meta CEO approved using stolen material to train AI models.

Mark Zuckerberg has refuted claims about Meta offering multi-million dollar pay packages to attract artificial intelligence professionals from rival firms.

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