Meta Platforms plans to invest up to $65 billion in capital expenditures in 2025 to expand efforts related to data centers and artificial intelligence. Chief Executive Mark Zuckerberg said the social-media company will build a 2-gigawatt-plus data center and will end the year with more than 1.

Meta Platforms is starting to test ads on Threads for a handful of brands in the U.S. and Japan, Instagram head Adam Mosseri said Friday. “We’ll be closely monitoring this test before scaling it more broadly,