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Benzinga
Benzinga
Business
Vaishali Prayag

Meta Commits 'Hundreds Of Billions' To Build Massive AI Clusters In Race For Superintelligence

Menlo,Park,,Usa,,May,5,,2023:,Meta,Corporation,Headquarters,Glass

Meta Platforms Inc. (NASDAQ:META) is ramping up its artificial intelligence infrastructure plans, with CEO Mark Zuckerberg confirming that the company will invest hundreds of billions of dollars into compute resources as it chases superintelligence.

What To Know: In a Facebook post on Monday, Zuckerberg laid out a detailed roadmap that underscores how central AI development has become to Meta's long-term strategy. Unlike vague pledges or forward-looking optimism, the plans include concrete targets and timelines, indicating that Meta is moving aggressively to lead in the race for high-end AI capability.

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