From day one, our administration's North Star has been public safety. We have gone to work to sweep out crime and illegal activities from our neighborhoods, and because of this work, we are currently in our eighth consecutive quarter of crime reductions. That means for almost two straight years since January 2024 crime has consistently declined each quarter in New York City. But public safety is about more than just policing. To make sure our communities feel safe and are safe, we must make smart, upstream investments that prevent crime in the first place. We must invest in our young people and provide them with safe places away from gun violence. Places to just be kids, and to play and build trust with law enforcement.
Target will direct about $5 billion toward new and remodeled stores, experience upgrades, and technology and digital fulfillment, with leadership emphasizing larger-format boxes that are outperforming initial plans and store-floor changes designed to accelerate "merchandising authority" and discovery. The push includes AI to speed product development and marketing, synthetic audiences to test campaigns, and a ChatGPT-powered beta to simplify multi-item purchases, part of a broader effort to reawaken the "Tarzhay" brand while tightening execution.
Meta Platforms is investing hundreds of billions of dollars into artificial intelligence to build superclusters. These AI data centers aim to enhance Meta’s competitiveness against giants like OpenAI and Google.