DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
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Mark Zuckerberg is making a massive investment in Nvidia’s AI chips, totaling billions of dollars.
It its part of their plans to shift the company’s trajectory towards developing artificial general intelligence (AGI).
But wasn’t Meta betting big on the Metaverse just a few years back?
I mean, they even changed their company’s name!
They poured billions into the metaverse and now, they are re-betting on a new thing.
I mean, even Zuckerberg doesn’t have a clear definition or timeline for AGI.
Yet, he’s pouring immense resources into this venture.
Why?
Firstly, let’s understand the scale of this endeavor.
Meta is acquiring a staggering 340,000 H100s GPUs by the end of the year and aiming for 600,000 equivalent GPUs in total.
This is a deep commitment to advancing AI technology.
Zuckerberg’s vision extends beyond the capabilities of current AI, aiming for a breadth of intelligence encompassing everything from reasoning to intuition.
It’s a strategic business move.
Unlike Google Brain and Deepmind, which focused on enhancing search revenue, Zuckerberg is integrating AI into Meta’s broader ‘Metaverse’ strategy.
He’s crafting an ecosystem and merging AGI with his Metaverse plans.
Meta’s Llama 3, the next iteration of their large language model, is part of this ambitious project.
The model will be open-source, but there’s ambiguity about whether AGI will follow suit.
There needs to be a balance between the need for innovation with the complexities of open-source development.
The financial commitment is staggering.
If Meta is paying at the lower end of Nvidia’s H100 price range, we’re talking about a near $9 billion investment.
This investment is driven by the belief that AGI will be a game-changer, comparable to human-level intelligence.
It’s a futuristic vision, and Meta is investing heavily in making it a reality.
Yann LeCun, Meta’s chief scientist, emphasized the critical role of GPUs in AI development.
He metaphorically describes the AI industry as a war, with Nvidia supplying the weapons.
AI is a cut-throat, competitive and high-stakes game now.
Financially, Meta is bracing for a significant increase in total expenses, driven partly by this computing expansion.
Zuckerberg has declared AI as Meta’s biggest investment area in 2024, both in engineering and computing resources.
Ironically, they also fired 21,000 employees recently.
Not sure how the maths works.
Meta’s investment in AI chips is Zuck making a firm stand on AI and how important it is to their future.
As we move towards a world where AI becomes increasingly integrated into our daily experiences, Meta’s investment could be a pivotal moment in shaping that future.
Not just Meta, every other large tech company is integrating, investing and embracing AI in a huge way.
With their Metaverse and billions of active users on their social media platforms, it is just a matter of time before they have a breakthrough in AI tech that could exponentially improve their products and services across all platforms.
Isn’t it great to have billions?
To be able to spot trends, embrace them with both hands, jump on opportunities and literally move mountains to achieve your goals.
Like they always say: don’t underestimate the Zuck.
-
Is Meta smart to invest heavily in AI?
-
#MetaAI #ArtificialIntelligence #MarkZuckerberg #Nvidia #TechnologyInvestment #FutureOfAI #AGI #Llama3 #AIResearch #TechInnovation #AIWar #TechGiants #AIDevelopment #ComputingPower #AIExpansion #TechStrategy #EthicalAI #AIResponsibility #TechFuture #AIIntegration #DigitalTransformation #TechAmbition
Mark Zuckerberg is making a massive investment in Nvidia’s AI chips, totaling billions of dollars.
It its part of their plans to shift the company’s trajectory towards developing artificial general intelligence (AGI).
But wasn’t Meta betting big on the Metaverse just a few years back?
I mean, they even changed their company’s name!
They poured billions into the metaverse and now, they are re-betting on a new thing.
I mean, even Zuckerberg doesn’t have a clear definition or timeline for AGI.
Yet, he’s pouring immense resources into this venture.
Why?
Firstly, let’s understand the scale of this endeavor.
Meta is acquiring a staggering 340,000 H100s GPUs by the end of the year and aiming for 600,000 equivalent GPUs in total.
This is a deep commitment to advancing AI technology.
Zuckerberg’s vision extends beyond the capabilities of current AI, aiming for a breadth of intelligence encompassing everything from reasoning to intuition.
It’s a strategic business move.
Unlike Google Brain and Deepmind, which focused on enhancing search revenue, Zuckerberg is integrating AI into Meta’s broader ‘Metaverse’ strategy.
He’s crafting an ecosystem and merging AGI with his Metaverse plans.
Meta’s Llama 3, the next iteration of their large language model, is part of this ambitious project.
The model will be open-source, but there’s ambiguity about whether AGI will follow suit.
There needs to be a balance between the need for innovation with the complexities of open-source development.
The financial commitment is staggering.
If Meta is paying at the lower end of Nvidia’s H100 price range, we’re talking about a near $9 billion investment.
This investment is driven by the belief that AGI will be a game-changer, comparable to human-level intelligence.
It’s a futuristic vision, and Meta is investing heavily in making it a reality.
Yann LeCun, Meta’s chief scientist, emphasized the critical role of GPUs in AI development.
He metaphorically describes the AI industry as a war, with Nvidia supplying the weapons.
AI is a cut-throat, competitive and high-stakes game now.
Financially, Meta is bracing for a significant increase in total expenses, driven partly by this computing expansion.
Zuckerberg has declared AI as Meta’s biggest investment area in 2024, both in engineering and computing resources.
Ironically, they also fired 21,000 employees recently.
Not sure how the maths works.
Meta’s investment in AI chips is Zuck making a firm stand on AI and how important it is to their future.
As we move towards a world where AI becomes increasingly integrated into our daily experiences, Meta’s investment could be a pivotal moment in shaping that future.
Not just Meta, every other large tech company is integrating, investing and embracing AI in a huge way.
With their Metaverse and billions of active users on their social media platforms, it is just a matter of time before they have a breakthrough in AI tech that could exponentially improve their products and services across all platforms.
Isn’t it great to have billions?
To be able to spot trends, embrace them with both hands, jump on opportunities and literally move mountains to achieve your goals.
Like they always say: don’t underestimate the Zuck.
-
Is Meta smart to invest heavily in AI?
-
#MetaAI #ArtificialIntelligence #MarkZuckerberg #Nvidia #TechnologyInvestment #FutureOfAI #AGI #Llama3 #AIResearch #TechInnovation #AIWar #TechGiants #AIDevelopment #ComputingPower #AIExpansion #TechStrategy #EthicalAI #AIResponsibility #TechFuture #AIIntegration #DigitalTransformation #TechAmbition
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