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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

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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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[–] tonytins@pawb.social 92 points 10 months ago (4 children)

The real winners are the chipmakers.

[–] 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

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