Zuckerberg aims for AI revolution: hundreds of billions for superintelligence!

Zuckerberg aims for AI revolution: hundreds of billions for superintelligence!

Meta CEO Mark Zuckerberg has announced that the company intends to invest hundreds of billions of dollars in computing power. The aim of this investment is the development of so-called superintelligence. In this context, Zuckerberg also presented a new AI initiative called Meta Superintelligence Labs (MSL). This redesign of Meta's AI operations will encompass existing foundations, product teams, and a new state-of-the-art model lab. Former Scale AI CEO Alexandr Wang has been appointed as Meta's first chief AI officer and will lead MSL alongside Nat Friedman, former CEO of GitHub.

The major investment in AI is part of a broader strategy Zuckerberg is pursuing to put Meta at the forefront of superintelligence development. According to Zuckerberg, the creation of superintelligence that goes intellectually beyond human capabilities is increasingly becoming a reality. The new division aims to put Meta at the forefront of this highly competitive space. This is not without challenges, especially given the concerns that exist in the AI ​​community about Wang's appointment since he is not a computer scientist.

Strategic investments and sales distribution

Meta generates net revenue, 98.6% of which comes from social network services such as Facebook, Instagram, Messenger, Threads and WhatsApp. Advertising revenue contributes significantly to this revenue and accounts for 97.5% of revenue. Another 2.2% comes from other sources of income. The geographical distribution of net sales shows that 39.2% come from the United States and Canada, 26.8% from Asia Pacific, 23.1% from Europe and 10.9% from other regions. With a recent close of $717.51 ​​and a median price target of $738.71, representing a 2.96% upside, Meta positions itself well for future investment.

Advertising continues to play a central role in Meta's business model, which generates over $40 billion in quarterly revenue. This financial strength makes it easier for the company to invest significant amounts in AI and data center development. To advance AI development, Meta is also seeking $29 billion from private equity firms.

Competition in the AI ​​industry

However, Meta is not alone in the race for AI dominance. Microsoft and Google are also making significant investments in AI infrastructure. This has led OpenAI to rethink its compensation structures to retain talent after Meta made high-paying job offers to leading researchers from OpenAI, Anthropic and Google. OpenAI's chief researcher even expressed concern about the loss of talent to Meta, calling it "theft."

Given these developments, Zuckerberg's strategic investments and fundamental restructuring at Meta demonstrate his determination to outperform the competition in superintelligence and be at the forefront of technological innovation.