This special event is taking place on June 5 in Berkeley, California. Tech lovers and industry leaders alike will come together to explore all things artificial intelligence. Kyle Wiggers, AI Editor at TechCrunch will be one of our featured speakers. He lives in Manhattan and he’s been tracking Meta’s progress as the latest chapter in that unfolding and fast-developing story of AI.
Meta, parent company of Facebook, has similarly grand aspirations, including a $40 billion bet on generative AI. The tech company predicts that it can bring in $1.4 trillion from the space by 2035. With this announcement, Meta prepares for AI boom onward to brighter and chatbots. In 2025, the company expects to spend another $60-$80 billion on capital expenditures, mostly for sprawling new data centers.
Meta also recently announced a multibillion dollar investment in its generative AI effort, dubbed “GenAI.” This became especially evident in 2024, when the estimated cost of this project soared over $900 million. The company projects this budget to go over $1 billion in 2025, showcasing the company’s focus and significance on continuing to lead AI development. A few weeks ago, Meta released an open API, explicitly geared towards fine-tuning and benchmarking its Llama AI models. This new API is designed to improve user experience and accessibility to the technology.
Last week, when Meta announced a surprisingly ambitious roadmap, the mood changed. By year’s end, the company plans to ship 1-3 million Graphics Processing Units (GPUs) for use in advancing AI. This strategic acquisition, we guess, will help it strengthen its own capabilities in processing teraflops of data and executing complex AI models in the most efficient manner. TechCrunch reported that Mark Zuckerberg really made a point to stress this effort during a recent AI-related roundtable on Meta’s long-term vision.
Kyle Wiggers has reported marvelously on these developments over on TechCrunch.com. Readers can find stories covering both Meta’s big GPU announcements and the launch of the new API for Llama models. Wiggers divides his time between New York and his wife’s hometown of Timmins, Ontario, where she is a music therapist. Combined, they offer a fascinating view into the interplay between technology and the artistry of humankind.
Tickets for TechCrunch Disrupt are already on sale—those looking to attend this unique and unparalleled event can save their place by heading here .