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Meta was prepared to write an up to $200 billion AI check before knowing whether its model would work

Source: businessinsider.com

Artificial IntelligenceCompany Fundamentals
Meta was prepared to write an up to $200 billion AI check before knowing whether its model would work

Meta reportedly weighed a $200 billion AI investment before seeing its new models. Alexandr Wang said Meta’s CFO warned that failure would be “very, very bad” financially; the article gives no decision or outcome for the proposed investment.

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