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Facebook-owner Meta to nearly double AI spending

Mark Zuckerberg’s budget allocations suggest potential staff reductions and restructuring may be forthcoming at Facebook, Instagram, and WhatsApp.

Mark Zuckerberg, the head of Meta, intends to increase investments in artificial intelligence (AI) initiatives this year, despite warnings from other executives about a potential industry bubble.

Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company's headquarters in Menlo Park, California, U.S., September 17, 2025.

On Wednesday, during a discussion of Meta's 2025 financial results with financial analysts, the company announced plans to allocate up to $135bn (£97bn) for the current year, primarily for AI-related infrastructure.

This represents a significant increase from the $72bn spent by Meta on AI projects and infrastructure in the previous year, nearly doubling the investment.

Over the past three years, the technology giant has invested approximately $140bn in an effort to stay ahead of the AI trend.

Zuckerberg expressed his expectation that 2026 will be a pivotal year for AI, stating that it will "dramatically change the way we work."

The company's financial reports showed that expenses grew at a faster rate than revenues during the last quarter of 2025, resulting in narrower profit margins.

Following the announcement, Meta's shares rose by around 6.5% in extended trading in New York.

In addition to highlighting the potential benefits of substantial AI investments, Zuckerberg's comments suggested that further layoffs may be imminent at the company.

He noted that certain projects that previously required large teams can now be accomplished by a single skilled individual, saying "we're starting to see projects that used to take big teams now be accomplished by a single, very talented person."

Meta has already laid off several hundred employees this year, primarily in its Reality Labs division, which focuses on the company's metaverse ambitions, hardware products, and AI initiatives.

Zuckerberg stated that Meta is investing in AI tools across the company to enhance the productivity of employees, such as software engineers.

As these tools enable workers to become more productive, he noted that there is a significant difference between those who can effectively utilize them and those who cannot.

Zuckerberg added that the impact of AI agents is profound, making it challenging to predict the future shape of organizational workflows.

Some industry experts warn that significant investments in AI may create a bubble, similar to the one that occurred during the dotcom boom in 2000.

Chuck Robbins, the chairman and CEO of Cisco Systems, expressed concerns that the current AI market may be a bubble, stating that while AI has the potential to be "bigger than the internet," some companies may not survive.

Other industry leaders, including JPMorgan Chase's Jamie Dimon and Google's Sundar Pichai, have also voiced concerns about the AI market, citing potential "irrationality" in the current boom.

Sam Altman, the founder of OpenAI, which played a significant role in sparking the current AI trend, has been more direct in his assessment.

Altman stated that, in his opinion, investors are currently overexcited about AI, saying "are we in a phase where investors as a whole are overexcited about AI? My opinion is yes."

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Tudor to take interim charge of Tottenham

Igor Tudor has reached an agreement to take the reins as Tottenham’s interim head coach for the remainder of the season.

Tottenham has reached an agreement with Igor Tudor to take the helm as interim head coach for the remainder of the current season.

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UAE Defeats Canada to Enhance Super 8s Qualification Chances

The United Arab Emirates boosted their slim chances of advancing to the T20 World Cup Super 8s, securing a narrow five-wicket victory over Canada, thanks in part to Aryansh Sharma’s unbeaten 74.

In a crucial match for the United Arab Emirates, Aryansh Sharma achieved his fifth T20 international half-century, contributing to the team's victory over Canada.

The Men's T20 World Cup, being held in Group D in Delhi, saw an intense competition between the two teams.

Canada's innings resulted in a total of 150-7 after 20 overs, with Harsh Thaker scoring 50 runs off 41 balls, while Junaid Siddique took 5 wickets for 35 runs.

The UAE team responded with a total of 154 runs in 19.4 overs, led by Aryansh Sharma's unbeaten 74 runs off 53 balls and Sohaib Khan's 51 runs off 29 balls, despite Bin Zafar taking 3 wickets for 14 runs.

The United Arab Emirates secured a five-wicket win over Canada, boosting their chances in the tournament.

Aryansh Sharma played a pivotal role in the UAE's win, scoring an unbeaten 74 runs to help his team overcome Canada's total.

With four overs remaining, Canada seemed poised to defend their total, but Sohaib Khan's aggressive batting reignited the UAE's chase, as he scored 17 runs off Dillon Heyliger's bowling.

In the final over, the UAE required eight runs to win, and Aryansh Sharma eased the pressure by hitting a six off Jaskaran Singh's first ball.

Sohaib Khan was dismissed after scoring a rapid 51 runs off 29 balls, including four sixes, leaving the scores level.

Muhammad Arfan then sealed the victory with two balls to spare, hitting a four off Jaskaran Singh, as Aryansh Sharma top-scored with 74 runs off 53 balls.

The UAE now stands third in Group D with two points, but they face an uphill task in their upcoming matches against full members South Africa and Afghanistan to advance to the next phase.

Although the UAE has never beaten a full member in any World Cup format, their performance in this match has given them some confidence.

Earlier in the match, Junaid Siddique achieved the best bowling figures by a UAE player in a T20 World Cup, taking 5 wickets for 35 runs at the Arun Jaitley Stadium in Delhi.

Harsh Thaker's 41-ball half-century, which included three sixes and two fours, provided a solid foundation for Canada's total.

Thaker and Navneet Dhaliwal shared a 58-run partnership to help Canada recover from a difficult start, before Dhaliwal was run out for 34 runs.

After Thaker fell victim to Junaid Siddique's slower ball, Canada struggled to find boundaries against the UAE's tight bowling.

Shreyas Movva made a useful contribution of 21 runs off 21 balls, but Junaid Siddique took two wickets in the final over to claim his maiden five-wicket haul in T20 internationals.

In a separate match, Zimbabwe's Brilliant Muzarabani played a key role in his team's stunning win over Australia.

For more updates, notifications, and social media coverage, visit the BBC Sport website.

In another development, Paul Stirling has been ruled out of the remainder of the T20 World Cup due to injury.

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Guardiola Advocates for Cultural Embrace to Foster a Better Society

Pep Guardiola, the manager of Manchester City, has stated that accepting diverse cultures will lead to a more harmonious society, in reaction to comments made by Sir Jim Ratcliffe regarding immigration.

As a player, Pep Guardiola earned 47 international caps for Spain, showcasing his skills on the global stage.

Manchester City's manager, Pep Guardiola, believes that embracing diverse cultures is essential for creating a more harmonious society.

Guardiola was questioned about his thoughts on comments made by Manchester United co-owner Sir Jim Ratcliffe, who stated that the UK had been "colonised by immigrants", sparking a debate.

Following criticism, Ratcliffe apologised for any offence caused, while still advocating for open discussion on the issue.

Ahead of Manchester City's FA Cup fourth-round match against Salford, Guardiola shared his perspective, saying that people seek better lives and opportunities, which can be found in their birthplace or elsewhere.

According to Guardiola, one's birthplace is not a determining factor in their potential or aspirations.

Many individuals are forced to leave their homelands due to problems in their native countries, rather than a desire to abandon their roots.

Guardiola emphasized that by genuinely embracing other cultures, society as a whole can improve, a notion he has no doubts about.

An examination of the facts behind Jim Ratcliffe's statements on immigration and benefits is also underway.

Sir Jim Ratcliffe, a billionaire, has made headlines, but who is he and how did he accumulate his wealth?

Born in Santpedor, Catalonia, Spain, Guardiola has had a diverse career, playing in Spain, Italy, Qatar, and Mexico, before transitioning to management.

As a manager, the 55-year-old has had stints in Spain, Germany, and England, taking the helm at Manchester City in 2016.

Guardiola views the issue of immigration as a global problem, stating that it is a concern that affects many countries.

He believes that immigrants are often unfairly blamed for problems in their adopted countries, highlighting the fact that one's birthplace is often a matter of circumstance.

Guardiola reiterated that people from all backgrounds strive for a better life, seeking opportunities that may be available in their birth country or elsewhere.

He stressed that factors such as skin colour or birthplace should not be barriers to achieving one's goals.

For the latest news, analysis, and fan perspectives on Manchester City, please refer to our dedicated section.

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