Facebook AI Fails Without THIS

Meta Platforms plans $40 billion in capital investments this year.

A huge portion of that is building AI datacenters with over 350,000 H100s from Nvidia.

CEO Mark Zuckerberg plans to lead the AI revolution…

“We had a strong quarter, and Meta AI is on track to be the most used AI assistant in the world by the end of the year.”

Meta’s results beat analyst estimates…

  • Revenue: $39 billion vs. $38.3 billion estimate
  • EPS: $5.16 per share vs. $4.73 estimate

Plus, the growth was really impressive. Revenues grew 22% and net income jumped 73%.

Zuck expects that AI will help power the advertising business for Facebook and Instagram…

“AI will be able to generate creative for advertisers. Advertisers will basically just be able to tell us a business objective and a budget, and we’re going to go do the rest for them… I think this is going to be a very big deal.”

Shares of Meta were trading up 7% on the news.

The stock made huge gains early this year. Since then, it’s traded sideways in a range from $420 – $542.

Meta is scaling up its AI as quickly as possible.

Zuckerberg realizes that Meta is desperate for more energy.

“We would probably build out biggest [AI datacenters] than we currently can if we could get the energy to do it.”

Silicon Valley insiders are investing billions to secure enough power for AI with a breakthrough technology called…

The Oppenheimer Project.

  • Amazon is investing $650 million on this little-known project in Pennsylvania.

  • OpenAI founder Sam Altman plans to build these projects in Idaho and Ohio.

  • Microsoft founder Bill Gates and Warren Buffett are investing $3 billion on this Oppenheimer Project in Wyoming.

Ian

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