Several key industry players such as Google and Microsoft are investing significant resources towards attaining Artificial General Intelligence (AGI). Meta has also announced its intention to lean heavily into this department.
Meta plans to acquire 350,000 units of NVIDIA’s H100 AI GPUs by the end of 2024, having access to an equivalent of 600,000 NVIDIA H100 across all their compute units. This investment will cost Meta around $10.5 billion.
Meta is currently training their next-gen model Llama 3, and Mark Zuckerberg has expressed his interest in open-sourcing it “responsibly” in the future. Their previous models, Llama and Llama 2 were open-sourced as well. They also plan to merge their two major AI research efforts, the FAIR (Fundamental AI Research) group and the GenAI department.
Mark Zuckerberg took a dig at OpenAI without naming it for being less transparent over the years.
More companies are holding their cards close to their chest with OpenAI being less transparent over the years. AGI if ever achieved by any, will likely be a valuable commodity with the source never to be shared with the public, and in the case of Meta with Mark Zuckerberg having majority control over the company, maybe even resting in the palms of a single person.
Mark Zuckerberg to The Verge
Meta has suffered huge losses totalling billions in the Metaverse and VR departments together.
NVIDIA is the supplier of arms to the ongoing battle of the AI dominance.
Regardless, if there’s one company to benefit heavily from all this, it’s the supplier of arms to the ongoing battle of AI dominance: NVIDIA. Intel, AMD, and the other suppliers are still catching up and the gap is still wide. As of writing this, NVIDIA’s stocks have reached another all-time high of $594, and show no signs of stopping.
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