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Meta plans to invest up to $72 billion in AI infrastructure throughout 2025 as the competition for computing power intensifies among tech giants. This substantial investment is aimed at enhancing Meta's capabilities in artificial intelligence and maintaining its competitive edge in the rapidly evolving tech landscape.
Meta has restructured its AI team by creating the AGI Foundations unit, which will focus on enhancing technologies like the Llama models and multimedia capabilities. This change aims to expedite product development without cutting jobs, despite some talent leaving for competitors. The restructuring is part of Meta's ongoing strategy to improve flexibility and ownership within its teams.
Apple has lost its top AI models executive to Meta, marking a significant shift as the latter ramp up its hiring efforts in artificial intelligence. This move reflects the intensifying competition in the tech industry for AI talent, as companies vie for key personnel to drive their innovations forward.