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Why Zuckerberg’s multibillion-dollar gamble doesn’t just matter to Meta

The Guardian LogoThe Guardian16h ago

Why Zuckerberg’s multibillion-dollar gamble doesn’t just matter to Meta - The Guardian

Quick Summary:

While the tech company didn’t disclose how much it cost to train, Zuckerberg, its co-founder and chief executive, has previously disclosed a $10.5bn (£8.9bn) investment in just the chips required to power its AI data centres – with the rest of the electronics, the electricity itself, and the physical building an additional cost on top of that.Continue reading...

As Llama 3.1 405B is made freely available, investors are asking when the huge industry spend will pay offSpending on artificial intelligence could hit a staggering $1tn, according to analysts concerned about whether there will be a return on such a spree.

Mark Zuckerberg’s answer this week to such jitters was to release his latest AI system for free.Meta’s Llama 3.1 405B is its most powerful yet, it says, and one of the most capable in the world.


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Article Details

Author / Journalist: Dan Milmo and Alex Hern

Category: Artificial-intelligenceTechnology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-26 @ 13:00:56 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: theguardian.com

Language: English

Article Length: 2211 words

Reading Time: 13 minutes read

Sentences: 42 lines

Sentence Length: 53 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Guardian

News ID: 21785553

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About The Guardian

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Main Topics: Artificial-intelligenceTechnology

Official Website: theguardian.com

Update Frequency: 1 posts per day

Year Established: 1821

Headquarters: United Kingdom

News Last Updated: 1 days ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #122

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