Mark Zuckerberg to spend ‘hundreds of billions of dollars’ for project he ‘poached’ AI engineers from Apple, Google, OpenAI and other tech companies

Mark Zuckerberg has announced that Facebook parent company Meta plans to invest “hundreds of billions of dollars” in constructing several massive AI data centers. This commitment comes at a time when Meta is intensifying its pursuit of superintelligence, a technology aimed at developing machines that can outperform humans on most tasks. Lately, the social media giant has been actively involved in a talent war, reportedly offering multi-million-dollar compensation packages to attract top AI engineers from competitors like Google, Apple and ChatGPT-maker OpenAI.

Zuckerberg announced this spending commitment in posts on Facebook and Threads, assuring investors that the company’s strong core advertising business provides the necessary capital.