BTC $83,400.12 +2.53%
ETH $2,459.91 +3.31%
BNB $748.00 +2.84%
XRP $1.36 +5.25%
SOL $106.90 +2.80%
TRX $0.3308 -0.30%
DOGE $0.0820 +3.98%
ADA $0.2251 +4.56%
BCH $287.42 +4.95%
LINK $12.39 +3.91%
HYPE $81.19 +3.50%
AAVE $156.16 +5.37%
SUI $1.03 +4.63%
XLM $0.1844 +5.03%
ZEC $1,267.39 +12.29%
AAPL $338.08 -0.69%
AMZN $263.23 -0.08%
GOOGL $341.23 -0.81%
MSFT $528.71 -1.17%
META $693.53 -1.58%
NVDA $220.03 +1.50%
TSLA $380.60 +3.13%
SNDK $1,403.20 +4.98%
INTC $94.14 +3.70%
SPCX $162.16 +10.55%
MU $918.59 +3.91%
AMD $546.00 +3.07%
BTC $83,400.12 +2.53%
ETH $2,459.91 +3.31%
BNB $748.00 +2.84%
XRP $1.36 +5.25%
SOL $106.90 +2.80%
TRX $0.3308 -0.30%
DOGE $0.0820 +3.98%
ADA $0.2251 +4.56%
BCH $287.42 +4.95%
LINK $12.39 +3.91%
HYPE $81.19 +3.50%
AAVE $156.16 +5.37%
SUI $1.03 +4.63%
XLM $0.1844 +5.03%
ZEC $1,267.39 +12.29%
AAPL $338.08 -0.69%
AMZN $263.23 -0.08%
GOOGL $341.23 -0.81%
MSFT $528.71 -1.17%
META $693.53 -1.58%
NVDA $220.03 +1.50%
TSLA $380.60 +3.13%
SNDK $1,403.20 +4.98%
INTC $94.14 +3.70%
SPCX $162.16 +10.55%
MU $918.59 +3.91%
AMD $546.00 +3.07%

zuckerberg

All
Article
Flash

first_img Zuckerberg: AI investment could reach 200 billion USD, with uncertain success or failure

According to a report by Bloomberg cited by Phoenix Technology, Meta CEO Mark Zuckerberg stated in the podcast "Cheeky Pint" aired on Monday that the company had to commit to investing about $100 billion or $200 billion in infrastructure last year when it was still unclear whether AI products could succeed. He said, "We can't be sure either."Zuckerberg recalled that he had asked Chief AI Officer Alexandr Wang if he was certain of success. Wang stated that aside from "intuitive judgment," there was no guarantee of success, and at that time it was "completely uncertain." Chief Financial Officer Susan Li repeatedly warned that the cost of failure would be extremely high, and Zuckerberg told Wang, "I think Susan scared you quite a bit."On Monday, Meta released a new AI model, claiming a significant leap in performance and possessing "cutting-edge capabilities." Management stated that it could compete with ChatGPT and Claude in programming and financial and legal issues. Meta also launched a personalized intelligent agent called Muse for shopping, ticket booking, and appointments. Zuckerberg mentioned that he was uncertain about consumer reactions and expected further iterations. Meta will announce its third-quarter financial report after the U.S. stock market closes on October 21. Last quarter, free cash flow fell to its lowest level in years, and the stock price dropped by 8%, but as of Monday's close, it has risen over 12% this year.

first_img Zuckerberg told Trump that the concept of a national AI regulatory agency is flawed

Meta CEO Mark Zuckerberg expressed concerns about the plan to establish a national AI regulatory agency during a phone call with U.S. President Donald Trump last month. The proposal, advocated by Google DeepMind scientist Demis Hassabis and supported by some White House officials, aims to create an independent organization similar to FINRA to review and test potential risks before the broader deployment of advanced AI models. White House officials previewed the proposal to Trump and major tech companies, including Meta, in mid-August.Trump spoke with Zuckerberg during the week of August 17. According to senior White House officials familiar with the conversation, Zuckerberg opposed the proposal. Another informed source indicated that Zuckerberg did not ask Trump to change his position but told him that the personnel of the regulatory agency the White House might appoint should reflect Trump's light-touch approach to AI, noting that Trump made the call first. The conversation did not kill the idea, which is still under consideration. A Meta spokesperson declined to comment. A White House spokesperson stated that the Trump administration is committed to balancing innovation and safety in AI policymaking.In an article in August, Zuckerberg expressed skepticism about strict government regulation of new AI models, arguing that any policy that delays the release of models by even a month would pose significant risks to the U.S. leadership position relative to China. The government is considering a FINRA-like regulatory agency or a voluntary industry organization similar to the Motion Picture Association of America. Trump's former AI and crypto czar, David Sachs, opposed government regulatory agencies, calling them "the DMV of AI." Anthropic co-founder Jack Clark expressed support for the FINRA-like idea in a post in July.
app_icon
ChainCatcher Building the Web3 world with innovations.