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Technology
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I wonder why exactly do they want to increase AI compute that fast.
I would understand if their current infrastructure weren't able to handle traffic of core services like Facebook. Then it would be justified because it would mean worse user experience and less profits in effect.
But AI? Have I missed something? As far as I know everything Meta have shown so far were just toys. So why are they in hurry?
They won't get more investor money if they aren't building shit.
Really, my only guess is a cold war style arms race with other AI companies. I can't tell if they are getting any value from the extra compute or if it is just PR to say "look at all we have."
When you steal money from the public it is best to piss it away.. money to burn... use it or lose it.
Tech company stock prices are buoyed by future growth prospects. If your competitors are all building shittons of compute capacity and you are not, that’s like signaling that you don’t plan to grow (at least in the current insane climate)
easy missile target for russia 🤞