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 11 months ago by [email protected] to c/[email protected]
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.

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[–] [email protected] 93 points 11 months ago (3 children)

The real winners are the chipmakers.

[–] [email protected] 67 points 11 months ago

Gold rush you say?

Shovels for sale!

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

[–] [email protected] 17 points 11 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.

[–] [email protected] 7 points 11 months ago

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

[–] [email protected] -1 points 11 months ago

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