amit: Zuckerberg on writing ‘this check for ... $100B or $200B’ before seeing the models

Zucks: “So at the end of last year, we got quite excited about the progress but hadn’t seen the models yet, so it’s like we were going to write this check for, I don’t know, $100B or $200B and I’m like Alex…you sure this is gonna work?!

We are living in unprecedented times.

Quoting @pequityresearch: Mark Zuckerberg and Alexander Wang on deploying capital for AI spend:

Alexander: “you have to make very large investments or make very big decisions about how you’re going to invest or develop the technology, you know, what decisions you’re going to make long before there’s proof points around.”

Mark: “We have these conversations where it’s like at the end of last year, we’re like, alright, we are quite excited about the progress. We haven’t seen the models yet. We’re gonna write this check for like, I don’t know, like $100 billion or $200 billion like, Alex, are you sure this is gonna work?”

Alexander: “Although it’s like the joke, every time we talk about, we hope it’s all gonna work and be good.”

Spend or get left behind - the spending race in AI

Via @cheekypint on Youtube

$MSFT $META $GOOGL $META $AMZN