Mark Zuckerberg Says $7T For Sam Altman's Chipmaking Dream Is Astronomical: 'I Don't Think He Is Crazy'
Portfolio Pulse from Ananya Gairola
Meta Platforms Inc. CEO Mark Zuckerberg commented on Sam Altman's $7 trillion AI chipmaking plan, calling it 'astronomical' but not dismissing its necessity for AI's future. Zuckerberg highlighted the growing demand for chips in AI model training, suggesting the industry will face physical constraints requiring significant investment. Altman's plan, seeking approval from the U.S. government, aims to prevent a chip shortage that could impede AI adoption.

February 19, 2024 | 5:14 am
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Mark Zuckerberg's comments on the necessity of Sam Altman's $7 trillion AI chipmaking plan could reflect positively on Meta Platforms Inc., highlighting its engagement with future AI developments.
Zuckerberg's comments on the AI chipmaking plan underline Meta's proactive stance on AI development and its potential future needs. This could reassure investors about Meta's strategic positioning in the AI space, possibly leading to positive sentiment around META stock in the short term.
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