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Mark Zuckerberg indicates Meta is spending billions of dollars on Nvidia AI chips (www.cnbc.com)

submitted 9 months ago by 31337@sh.itjust.works to c/technology@lemmy.world

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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.

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[-] t_berium@lemmy.world 5 points 9 months ago

Consumer GPU shortage from hell incoming. Why would Nvidia waste their production on low end GPUs, if they can sell AI GPUs for what... 70K USD a piece? This might become worse than the shortages because of mining.

[-] superbirra@lemmy.world 2 points 9 months ago

no more than ~26k apiece, it seems

[-] Case@lemmynsfw.com 1 points 9 months ago

Oh, well that's totally affordable and won't affect the consumer market at all.

[-] superbirra@lemmy.world 1 points 9 months ago

useless reverse strawman as I did not intend none of the shit you pretend I meant, kid ;)

this post was submitted on 19 Jan 2024

255 points (95.4% liked)

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