Mark Zuckerberg indicates Meta is spending billions of dollars on Nvidia AI chips
Publishing timestamp: 2024-01-18 16:18:39
Summary
Mark Zuckerberg announced that Meta (formerly Facebook) plans to include 350,000 Nvidia H100 graphics cards in its computing infrastructure by the end of 2024. This investment in Nvidia's chips, which can cost over $40,000 due to high demand, is part of Meta's focus on artificial intelligence research and projects. The company is also exploring the use of AMD's Instinct MI300X AI computer chips. Meta's chief scientist emphasized the importance of GPUs in advancing artificial general intelligence (AGI). The company's total expenses for 2024 are projected to be between $94 billion and $99 billion, with a significant portion allocated to AI investments. Meta also plans to "open source responsibly" its general intelligence approach and collaborate between its Fundamental AI Research team and GenAI research team.
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