Zuckerberg bets big on AI, but risks 'bubble' scare
Meta CEO Mark Zuckerberg is going big on AI, with Meta having already committed at least $600 billion through 2028 to US data centers, infrastructure, and talent, covering both AI buildouts and broader business operations.
On the Access podcast, he admitted there's a risk of an "AI bubble" but stressed that falling behind would be worse.
"If we end up misspending a couple of hundred billion dollars, that is going to be very unfortunate," he said, highlighting just how high the stakes feel right now.
Meta's strategy and financial edge in AI race
Meta's strategy is all about building top-notch infrastructure and attracting AI talent—think more GPUs and custom systems for their researchers.
To manage costs (and avoid bubble trouble), they're pausing aggressive hiring for now.
Zuckerberg also pointed out that Meta's strong finances set it apart from rivals who rely on outside funding, giving them more stability as they push forward with their ambitious "superintelligence lab."