this post was submitted on 19 Jan 2024
254 points (95.4% liked)

Technology

59495 readers
3135 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
254
Mark Zuckerberg indicates Meta is spending billions of dollars on Nvidia AI chips (www.cnbc.com)
submitted 10 months ago by 31337@sh.itjust.works to c/technology@lemmy.world
51 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] tonytins@pawb.social 92 points 10 months ago (3 children)

The real winners are the chipmakers.

[–] whodatdair@lemm.ee 67 points 10 months ago

Gold rush you say?

Shovels for sale!

Get your shovels here! Can’t strike it rich without a shovel!

[–] FaceDeer@kbin.social 17 points 10 months ago (1 children)

I feel like a pretty big winner too. Meta has been quite generous with releasing AI-related code and models under open licenses, I wouldn't be running LLMs locally on my computer without the stuff they've been putting out. And I didn't have to pay a penny to them for it.

[–] Unforeseen@sh.itjust.works 7 points 10 months ago

Subsized by boomers everywhere looking at ads on Facebook lol. Same with the Quest gear and VR development

[–] fluxion@lemmy.world -1 points 10 months ago

Was wondering why my stock was up. AI already improving my quality of life.