00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Meta Platforms is restructuring its AI division, Super Intelligence Labs,
00:06for the fourth time in six months, according to the information.
00:08You know what we split in a products team with a Meta AI assistant,
00:11an infrastructure team, the FAIR lab for long-term research,
00:14and a new lab that has to be determined.
00:16Meta secured $29 billion in financing,
00:19plans to invest hundreds of billions more to build large-scale AI data centers.
00:23The overall cost is CEO Mark Zuckerberg pushes towards artificial general intelligence
00:26while facing talent wars, high compensation offers,
00:30and criticism of rivals like Elon Musk and AMD CEO Lisa Su.
00:33For all things money, visit Benzinga.com.
Comments