Mark Zuckerberg Hints at Meta's Nearly $9 Billion Investment in Nvidia AI Chips
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In A recent development, Meta Platforms Inc. META CEO Brand Zuckerberg has suggests has THE the company massive investment In Nvidia Corp. NVDA AI tokens.
What Arrived: Zuckerberg revealed In A Instagram Coils job that Meta East allocate billion of dollars has Nvidia AI fleas. THE the company AI-driven roadmap need THE construction of A substantial computing Infrastructure, which will include 350,000 H100 chart cards Since Nvidia by THE END of 2024, reported CNBC.
THE H100, which was released In late 2022, East estimated has be Dear between $25,000 And $30,000 by analysts has Raymonde James. This could mean The meta spent on these fleas could be close has $9 billion.
Zuckerberg Also mentioned that The meta calculate Infrastructure will include "almost 600k H100 equivalents of calculate if You include other GPU. This investment East crucial as Meta East to focus on artificial general intelligence (AGI) research, which Zuckerberg describe as A "long term vision" For THE company.
See Also: Here is How HAS Get Up HAS $349 In Apples iPhone 7 'Loop Disease' Class Action Trial Regulations
The meta Chief Scientist Yann LeCun underlines THE importance of GPU In AGI research during A recent event In San Francis. He declared, "There East A AI war, And he is supply THE weapons," referent has Nvidia CEO Jensen Huang.
The meta total expenses For 2024 are projected has be between $94 billion And $99 billion, partially due has It is computing expansion, as by THE the company third quarter earnings report.
For what He Imported: This announcement come After Meta, along with Microsoft Corp. MSFT And OpenAI, opted For AMD Instinct MI300X AI chip In December. This move was seen as A potential challenge has Nvidia AI chip domination.
Despite This, Nvidia remains A key player In THE AI chip walk, with It is recent change has design less powerful AI fleas In answer has WE. regulations And It is role In THE generative AI overvoltage, especially following OpenAI ChatGPT launch, marking he as A key player In AI advances.
Investors And industry passionate to have has been strongly following Nvidia standing In THE semiconductors & semiconductor equipment industry, assess critical financial metric, walk position, And growth potential has earn A Deeper understanding of THE the company performance In THE industry.
Read Following: This $200 AI Device Could Replace Your iPhone In 2024
Picture Via Shutterstock
Designed by Benzinga Neuro, Edited by Kaustubh Bagalkot
THE Based on GPT-4 Benzinga Neuro content generation system Exploits THE extensive Benzinga Ecosystem, including native data, Apis, And more has create complete And timely stories For...
In A recent development, Meta Platforms Inc. META CEO Brand Zuckerberg has suggests has THE the company massive investment In Nvidia Corp. NVDA AI tokens.
What Arrived: Zuckerberg revealed In A Instagram Coils job that Meta East allocate billion of dollars has Nvidia AI fleas. THE the company AI-driven roadmap need THE construction of A substantial computing Infrastructure, which will include 350,000 H100 chart cards Since Nvidia by THE END of 2024, reported CNBC.
THE H100, which was released In late 2022, East estimated has be Dear between $25,000 And $30,000 by analysts has Raymonde James. This could mean The meta spent on these fleas could be close has $9 billion.
Zuckerberg Also mentioned that The meta calculate Infrastructure will include "almost 600k H100 equivalents of calculate if You include other GPU. This investment East crucial as Meta East to focus on artificial general intelligence (AGI) research, which Zuckerberg describe as A "long term vision" For THE company.
See Also: Here is How HAS Get Up HAS $349 In Apples iPhone 7 'Loop Disease' Class Action Trial Regulations
The meta Chief Scientist Yann LeCun underlines THE importance of GPU In AGI research during A recent event In San Francis. He declared, "There East A AI war, And he is supply THE weapons," referent has Nvidia CEO Jensen Huang.
The meta total expenses For 2024 are projected has be between $94 billion And $99 billion, partially due has It is computing expansion, as by THE the company third quarter earnings report.
For what He Imported: This announcement come After Meta, along with Microsoft Corp. MSFT And OpenAI, opted For AMD Instinct MI300X AI chip In December. This move was seen as A potential challenge has Nvidia AI chip domination.
Despite This, Nvidia remains A key player In THE AI chip walk, with It is recent change has design less powerful AI fleas In answer has WE. regulations And It is role In THE generative AI overvoltage, especially following OpenAI ChatGPT launch, marking he as A key player In AI advances.
Investors And industry passionate to have has been strongly following Nvidia standing In THE semiconductors & semiconductor equipment industry, assess critical financial metric, walk position, And growth potential has earn A Deeper understanding of THE the company performance In THE industry.
Read Following: This $200 AI Device Could Replace Your iPhone In 2024
Picture Via Shutterstock
Designed by Benzinga Neuro, Edited by Kaustubh Bagalkot
THE Based on GPT-4 Benzinga Neuro content generation system Exploits THE extensive Benzinga Ecosystem, including native data, Apis, And more has create complete And timely stories For...
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