this post was submitted on 19 Jan 2024
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255
Mark Zuckerberg indicates Meta is spending billions of dollars on Nvidia AI chips (www.cnbc.com)
submitted 9 months ago by 31337@sh.itjust.works to c/technology@lemmy.world
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Summary: Meta, led by CEO Mark Zuckerberg, is investing billions in Nvidia's H100 graphics cards to build a massive compute infrastructure for AI research and projects. By end of 2024, Meta aims to have 350,000 of these GPUs, with total expenditures potentially reaching $9 billion. This move is part of Meta's focus on developing artificial general intelligence (AGI), competing with firms like OpenAI and Google's DeepMind. The company's AI and computing investments are a key part of its 2024 budget, emphasizing AI as their largest investment area.

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[–] TropicalDingdong@lemmy.world 3 points 9 months ago

Might be a bit of a tell that they think they have something.