Meta platforms to purchase 350K Nvidia GPUs for AGI development
Meta Platforms Inc. CEO Mark Zuckerberg recently announced that the company has plans to acquire approximately 350,000 Nvidia H100 graphics processing units (GPUs) to power the development of artificial general intelligence (AGI). AGI is an advanced form of AI that aims to match human intelligence and perform a wide range of tasks. With this move, Meta aims to position itself as a leader in AGI and pave the way for innovative services and devices such as advanced AI assistants and augmented reality glasses.
Mark Zuckerberg reveals Meta’s ambitious AI goals and plans for AGI
In an Instagram Reels video, Mark Zuckerberg emphasized Meta’s vision of building the best AI assistants, AIs for creators, AIs for businesses, and more. He believes that achieving these goals requires significant advancements in all areas of AI, including AGI. Zuckerberg envisions AGI powering cutting-edge technologies and services and is dedicated to investing in the infrastructure necessary to develop this technology.
Meta’s massive investment in AI infrastructure via Nvidia GPUs
To realize its AGI ambitions, Meta plans to heavily invest in its AI computing infrastructure. As part of this strategy, the company aims to purchase 350,000 Nvidia H100 GPUs, the most advanced chips offered by Nvidia. These high-end GPUs are particularly adept at training large language models like ChatGPT, which powers generative AI. The vast number of GPUs required underscores the massive scale of infrastructure Meta is building to support its AGI development.
The staggering cost of Meta’s GPU purchase for AGI advancement
While Mark Zuckerberg did not disclose the exact cost of Meta’s GPU acquisition, industry analysts estimate that each H100 GPU is being sold for around $25,000 to $30,000, with some fetching over $40,000 on platforms like eBay. Considering the overall number of GPUs Meta plans to purchase, the expense is likely to be staggering. Meta is expected to spend well over $9 billion on its GPU acquisition, indicating the significance and scale of its investment in AGI development.
Meta’s GPU acquisition highlights big tech’s spending on AI development
The purchase of such a vast number of GPUs by Meta is a testament to the substantial investments made by leading technology companies in AI development. Analyses reveal that other industry giants like Microsoft, Google, and Amazon have already procured between 50,000 and 150,000 H100 GPUs. These companies are anticipated to have similar plans to expand their computing stacks, underscoring the central role of GPUs in pushing the boundaries of AI capabilities.
Conclusion
Meta Platforms Inc.’s Meta is making a significant move in the field of artificial general intelligence by planning to purchase 350,000 Nvidia H100 GPUs. This underscores the company’s commitment to becoming a leader in AGI and developing innovative AI-based products and services. The massive investment in GPU infrastructure indicates the immense scale of Meta’s ambitions and highlights the substantial spending by tech giants to stay at the forefront of AI development. As Meta continues to invest in its AI computing resources, the future of AGI and its potential applications become increasingly promising.
Analyst comment
Positive news. The market for Nvidia GPUs is expected to grow as Meta Platforms’ acquisition of 350,000 units for AGI development highlights the significant investments made by tech giants in AI. This indicates strong demand for advanced AI computing infrastructure, driving growth in the GPU market.
