Meta’s AI strategy: Building for tomorrow, not immediate profits
AI News
AUGUST 1, 2024
Meta has signalled a long-term AI strategy that prioritises substantial investments over immediate revenue generation. During the company’s Q2 earnings call, CEO and founder Mark Zuckerberg outlined Meta’s vision for the future and emphasised the need for extensive computational resources to support their AI initiatives. Zuckerberg revealed that Meta is “planning for the compute clusters and data we’ll need for the next several years,” with a particular focus on the
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