Mark Zuckerberg’s Meta to invest hundreds of billions on data centers after poaching top AI talent
New York PostJUL 6
Meta's massive AI investment represents necessary catch-up spending after falling behind competitors like OpenAI and Google. The company's open-source approach hasn't delivered the breakthrough results needed, and Zuckerberg's aggressive hiring and infrastructure push shows serious commitment to regaining leadership in the AI race.
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.
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