Meta is frustrated. After plowing $45 billion into the Metaverse only to see limited adoption and mounting losses, the company placed big bets on AI with the launch of Llama in 2023. This year, it is investing some $65 billion in capital expenditures with much of that going to AI and data center initiatives. The…
This week in AI research: Amazon doubles Anthropic stake to $8B as industry debates scaling limits
Amazon recently doubled down on its Anthropic investment with an additional $4 billion, while NVIDIA reported another quarter of remarkable growth with sales hitting $35.1 billion. Meanwhile, a debate emerged at the Cerebral Valley AI Summit about whether AI development is hitting a scaling wall, with industry leaders like Anthropic’s Dario Amodei and Scale AI’s Alexandr…