Meta admits that AI progress hasn’t met expectations, and that makes sense.
It’s not that there’s excess compute power sitting around unused so they can sell it off—it’s that AI on the consumer side hasn’t taken off. With over $100+ billion in capex, the cards are just spinning and burning money. So they decided to lease some of it out to recoup costs. Honestly, there really isn’t any other choice.
Zuckerberg talks tough. He says that on the road to superintelligence, the best results haven’t arrived yet—he acknowledges things like the chaotic layoffs and that “they’re not wrong,” but he won’t admit defeat.
Too abstract. $META.US Over the years, the metaverse overhyped the obvious, investments in Manus were recalled by the university, and the big wave of layoffs + AI failure also shook the U.S. stock market.
No wonder—“the Baidu of North America.”
It’s not that there’s excess compute power sitting around unused so they can sell it off—it’s that AI on the consumer side hasn’t taken off. With over $100+ billion in capex, the cards are just spinning and burning money. So they decided to lease some of it out to recoup costs. Honestly, there really isn’t any other choice.
Zuckerberg talks tough. He says that on the road to superintelligence, the best results haven’t arrived yet—he acknowledges things like the chaotic layoffs and that “they’re not wrong,” but he won’t admit defeat.
Too abstract. $META.US Over the years, the metaverse overhyped the obvious, investments in Manus were recalled by the university, and the big wave of layoffs + AI failure also shook the U.S. stock market.
No wonder—“the Baidu of North America.”