GMGM friends, even Zuck going big on AI now.

Massive investment made in Nvidia’s AI chips, billions of dollars.

Part of their plans to shift the company's trajectory towards developing artificial general intelligence (AGI).

If you recalled in the previous bull, Meta was betting big on Metaverse. Change company name and poured billions into building a metaverse and now betting on a new narrative.

No clear definition or timeline for AGI, yet, pouring immense resources into this venture.

👇👇👇

• Strategic Pivot: Meta's focus shifts from Metaverse to AI, emphasizing artificial general intelligence (AGI) integratio into Metaverse.

• Massive Investment: Acquiring 340,000 Nvidia H100 GPUs, aiming for 600,000, with a potential $9 billion investment to build a Metaverse + AI ecosystem. Reminding me of @AethirCloud H100 GPUs here too

• AGI & Metaverse Synergy: Aiming to blend AGI capabilities with the Metaverse, enhancing Meta's ecosystem.

• 2024 Focus: AI declared as Meta's primary investment area, prioritizing engineering and computing resources despite recent workforce reductions.

• Industry Competition: Meta's investment reflects a competitive stance in the AI "war," with GPUs as essential tools.

• Future Vision: Meta's AGI investment underlines a belief in transformative potential, despite undefined AGI timelines and outcomes.

#AGI #Aipump #AIALTCOINS #AIConference #HotTrends