"Meta's Massive Investment: Zuckerberg's Strategic Acquisition of 350000 Nvidia H100 GPUs Signals AI Dominance"

Meta, led by CEO Mark Zuckerberg, plans to purchase 350,000 Nvidia H100 GPUs by the end of 2024 to bolster its AI infrastructure and advance its open-source artificial general intelligence (AGI) initiatives. The investment aims to support a wide range of applications, from productivity and development to wearable technologies and AI-powered assistants. The high demand for H100 GPUs has led to long lead times, but the increased computing power and processing speed are driving companies like Meta to procure these cutting-edge AI resources, with each GPU costing between $30,000 to $40,000.