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Rani Molla

Zuckerberg: AI might be a bubble but “misspending a couple of hundred billion” is worth it to achieve superintelligence

“It’s quite possible” that AI is a bubble, Meta CEO Mark Zuckerberg told tech journalist Alex Heath, formerly of The Verge, on his new podcast, “Access,” and for his newsletter, Sources. That isn’t stopping Zuckerberg’s social media company from going all in on AI in hopes of achieving superintelligence, aka AI that’s smarter than humans.

“If we end up misspending a couple of hundred billion dollars, I think that that is going to be very unfortunate, obviously,” said Zuckerberg, who’s shelling out $600 billion on US data centers and infrastructure through 2028. “But what I’d say is I actually think the risk is higher on the other side.”

“The risk, at least for a company like Meta, is probably in not being aggressive enough rather than being somewhat too aggressive,” he added.

“If we end up misspending a couple of hundred billion dollars, I think that that is going to be very unfortunate, obviously,” said Zuckerberg, who’s shelling out $600 billion on US data centers and infrastructure through 2028. “But what I’d say is I actually think the risk is higher on the other side.”

“The risk, at least for a company like Meta, is probably in not being aggressive enough rather than being somewhat too aggressive,” he added.

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3B

Meta’s Instagram now has 3 billion monthly active users, according to CEO Mark Zuckerberg, up a billion from the last time it reported that number in 2022. Since then, the company has stopped regularly breaking out user numbers for its individual properties, as overall growth slowed.

Why start reporting again? Three billion is certainly a big milestone! But it’s also notable that Instagram is facing some pretty steep competition from TikTok in the US, ahead of a US consortium acquiring the Chinese social media company’s domestic operations.

Disneyland Resort Celebrates 70 Years

Disney+ has gone from one of the cheapest to one of the most expensive streaming services

Since Disney+ launched in 2019, its price has gone up 172%. A combined Disney+ and Hulu app paves the way for future price increases.

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Report: Nvidia may lease its chips to OpenAI as part of deal

Why buy when you can rent for cheaper? That’s the thinking behind a new report from The Information that says as part of its blockbuster $100 billion investment, Nvidia is in discussions with OpenAI to lease GPUs to the company as it races to build massive data centers as part of its Stargate plan.

According to The Information, leasing GPUs from Nvidia would effectively lower the cost by 10% to 15% and protect OpenAI from owning technology infrastructure that could soon become obsolete.

While OpenAI is pulling in serious revenue, it expects to burn through $115 billion by 2029, The Information reports. Leasing the costly GPUs the company needs would reduce the amount of money it would have to raise.

While OpenAI is pulling in serious revenue, it expects to burn through $115 billion by 2029, The Information reports. Leasing the costly GPUs the company needs would reduce the amount of money it would have to raise.

Trump White House

OpenAI, Oracle, and SoftBank announce five new AI data center sites, putting Stargate ahead of schedule

Two of the sites will be in Texas, one in New Mexico, one in Ohio, and one in the Midwest.

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