Zuckerberg admits Meta spent $200B on AI without knowing it would work
Meta's free cash flow fell 91% in the second quarter, and about $420B of its spending sits off the balance sheet
Via TNW | Artificial-intelligence

Mark Zuckerberg says Meta committed as much as $200B to AI infrastructure before anyone could tell him it would work, with his chief AI officer saying it was not clear at all. Meta’s free cash flow fell 91% in the second quarter.
Mark Zuckerberg says Meta committed to spending as much as $200B on AI infrastructure before anyone at the company could tell him it would work. He put the figure at $100B or $200B.
He asked chief AI officer…
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