| ▲ | root-parent 11 hours ago | |||||||
The total of Meta AI Capex for the last five years, reaches between $313 billion and $333 billion. As comparison NASA’s entire annual budget is roughly $24.4 billion... | ||||||||
| ▲ | bhouston 10 hours ago | parent | next [-] | |||||||
He did the same thing with VR/Oculus/Reality Labs. Huge budget but it doesn't justify itself in terms of outcomes. Strange. Is it something in the way he/Meta manages the projects? I think Meta has a problem that very few of its internal projects widely succeed. Facebook and Messenger being the only two. The rest of the successes were acquisitions. | ||||||||
| ▲ | Gee101 11 hours ago | parent | prev | next [-] | |||||||
Would be interesting to see what they can actually show for that investment. Some VR goggles and Raybans. | ||||||||
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| ▲ | 3dda 11 hours ago | parent | prev [-] | |||||||
Im presuming This does not include R&D which should actually be classified as a capital expenditure not operating. | ||||||||