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.
I’m sure that everybody has some, but to spend billions seems a little premature.
Six months from now: “damn, we’re way behind Meta on AI. We should have spent billions six months ago, it’s going to cost way more to catch up.”
Chips evolve. By the time a billion dollar contract is fulfilled, they are two iterations behind.
Pretty sure they’ll be given insight into the roadmap for that price, and be able to place speculative orders on upcoming generations.
