Meta Acquires 49% Stake in Scale AI For AGI Development

“Were likely to be able to launch AGI that can think and generalize beyond its training and programming within the next one to three years,” he told Cointelegraph in a recent interview.

Goertzel says decentralization offers the best path for safeguarding the future of AGI.

In the meantime, Big Tech firms are intensifying their efforts to be among the first to achieve this potentially transformative milestone.

Big Techs AI spending grows

Americas largest technology companies — including Meta, Amazon, Alphabet and Microsoft — are expected to invest $320 billion in AI and related data center infrastructure this year alone, according to CNBC. That represents a sharp increase from the $230 billion invested last year.

A separate analysis by Bloomberg Intelligences Robert Schiffman found that AI capital expenditures have increased by 16% since the start of 2025.

As AI spending continues to grow, companies involved in building the underlying infrastructure are well-positioned to benefit.

Goldman Sachs analyzed a basket of stocks in the AI data center and electrical equipment sectors and found they have risen 52% and 39%, respectively, since their April lows.