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    Home»Nigeria Economy»Zuckerberg’s wealth soars $61.5bn as Meta’s AI push pays off
    Nigeria Economy

    Zuckerberg’s wealth soars $61.5bn as Meta’s AI push pays off

    NigeriaNewzBy NigeriaNewzAugust 12, 2025No Comments1 Min Read
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    Mark Zuckerberg’s fortune has grown by $61.5 billion thus far in 2025, pushed by a surge in Meta’s inventory as buyers rally behind the corporate’s aggressive push into synthetic intelligence.

    The agency’s share worth has climbed steadily this 12 months, buoyed by sturdy second-quarter earnings and optimism over its AI-powered progress technique. Meta reported income of $47.5 billion for Q2 2025, up 22 p.c from a 12 months earlier, whereas internet revenue jumped 36 p.c to $18.3 billion.

    Learn additionally: Elon Musk threatens to sue Apple over app store rankings

    The corporate has considerably elevated its capital spending forecast for the 12 months to between $64 billion and $72 billion, with a lot of the funds earmarked for AI infrastructure, together with knowledge facilities and high-performance computing sources.

    Meta has additionally moved to consolidate its AI operations beneath the newly launched Meta Superintelligence Labs, led by Chief AI Officer Alexandr Wang, and is aggressively recruiting prime AI expertise from opponents like OpenAI, Google, and Apple.

    Meta’s long-term wager seems to be paying off, translating into each company progress and a large enhance to Zuckerberg’s wealth.



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