Technology

57473 readers

3596 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

255

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

submitted 7 months ago by [email protected] to c/[email protected]

49 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 2 points 7 months ago (1 children)

Pretty sure they'll be given insight into the roadmap for that price, and be able to place speculative orders on upcoming generations.

[–] [email protected] 0 points 7 months ago (1 children)

I used to present those roadmaps. They change too.

[–] [email protected] 1 points 7 months ago (1 children)

Of course they do, but my point was that I doubt Meta is locked into this generation.

[–] [email protected] 0 points 7 months ago (1 children)

The article says "by the end. Of the year" they will spend billions

[–] [email protected] 0 points 7 months ago (1 children)

"spend billions" does not equal "hand over cash and take home GPUs". It'll mean a contract worth that amount with delivery terms defined over time. Even over the course of a year there's likely to be newer product than Lovelace.

[–] [email protected] 0 points 7 months ago

When you get product you pay for it. Spending means paying for it. You may have a contract for future product, but you don't pay for the future product in advance as SOX rules kick in. Commonly, a chip development cycle can be at least 10 months.