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Meta Commits 'Hundreds Of Billions' To Build Massive AI Clusters In Race For Superintelligence
Meta Platforms Inc. (NASDAQ: META) is ramping up its artificial intelligence infrastructure plans, with CEO Mark Zuckerberg confirming that the company will invest hundreds of billions of dollars into compute resources as it chases superintelligence.
This followed Meta's $14.3B investment in Scale AI, which involved Scale CEO Alexandr Wang joining Meta to head its superintelligence team, which is focused on artificial general intelligence.
Apple Inc. is facing investor pressure to improve its AI strategy due to a 14.45% drop in share prices this year.
Roughly a year-and-a-half after Facebook renamed itself “Meta” and said it would go all-in on building a future version of the internet dubbed the metaverse, the tech giant now says its top ...
As part of the investment, Scale CEO and co-founder Alexandr Wang is set to take on a new role at Meta on its AI team. Wang will join the company’s “superintelligence” unit, focused on ...
Meta Platforms (META-1.35%) is best known for its social media dominance, and for good reason. More than 3.1 billion people use one of the company's apps every day. From Facebook to Instagram ...
Zuckerberg expects Meta's AI assistant — available across its services, including Facebook and Instagram — to serve more than 1 billion people in 2025, while its open-source Llama 4 would ...
Meta's $15 billion investment in Scale AI and a new superintelligence lab are its attempts to jump past the efforts of Google, OpenAI, Anthropic, and others.
Meta’s investors did not seem upset by the AI investment, at least initially, with the company’s stock price increasing 0.7% in early Friday morning trading. The company is worth $1.62 trillion.
A Meta executive told the Financial Times that he expects a rise in AI-generated characters on Facebook as it continues to roll out its new Meta AI technology.
Data-labeling company Scale AI confirmed on Friday that it has received a “significant” investment from Meta that values the startup at $29 billion. The startup also said its co-founder and ...
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