Mark Zuckerberg’s Meta to invest hundreds of billions on data centers after poaching top AI talent
New York Post4 days
ThisMeta's massive AI investment represents anothernecessary costlycatch-up Metaspending moonshotafter thatfalling maybehind notcompetitors deliverlike returns,OpenAI similarand toGoogle. theThe company's $60open-source billionapproach metaversehasn't spendingdelivered sincethe 2020breakthrough withoutresults clearneeded, profits.and TheZuckerberg's shiftaggressive awayhiring fromand open-sourceinfrastructure modelspush contradictsshows yearsserious ofcommitment companyto philosophy,regaining andleadership in the astronomicalAI spending raises questions about sustainable business strategyrace.
This represents another costly Meta moonshot that may not deliver returns, similar to the company's $60 billion metaverse spending since 2020 without clear profits. The shift away from open-source models contradicts years of company philosophy, and the astronomical spending raises questions about sustainable business strategy.