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Inside Meta's scramble to catch up on A.I. - TL;DR CNBC

Inside Meta's scramble to catch up on A.I.

Publishing timestamp: 2023-04-25 12:39:01


Summary

Meta CEO Mark Zuckerberg and his team are working to improve the company's AI infrastructure, which has been lagging behind competitors. The company has faced challenges in adopting expensive AI-friendly hardware and software systems, leading to a significant gap in tooling and processes. Meta has increased its capital expenditures and shifted its focus to building generative AI products, but still has work to do to catch up with rivals like Microsoft and Google.


Sentiment: MIXED

Tickers: METANVDA

Keywords: business newsmeta platforms inctechnologymark zuckerbergbusinessnvidia corp

Source: https://www.cnbc.com/2023/04/25/inside-metas-scramble-to-catch-up-on-ai.html


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