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DeepNewz, mobile.
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Meta Platforms Inc. has engaged in discussions with several major technology companies, including Amazon, Microsoft, Databricks, IBM, Oracle, and a Middle Eastern investor, to form a consortium aimed at sharing the costs associated with training its Llama large language model. This move is part of Meta's broader strategy to manage its substantial artificial intelligence expenditures, which are projected to reach between $60 billion and $65 billion in capital spending for the year. Additionally, Meta, alongside Microsoft and OpenAI, has approached Samsung to explore potential AI-related collaborations for integration into Samsung's mobile devices.
Meta Asked Amazon and Microsoft to Help Pay for Llama Meta's AI spending is substantial, with plans for capital expenditures between $60 billion and $65 billion this year, raising questions about the financial implications. 💰 Meta's AI investment: https://t.co/m21743ijT7 #Meta
#WorthReading https://t.co/2G0tqEmwDc The Information: ‘Meta Asked Amazon, Microsoft to Help Fund Llama’
Meta reportedly asked Amazon, Microsoft, and others to help fund the cost of training their Llama large language model
