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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.

cyanydeez 11 hours ago | parent [-]

would be more interesting to strip them for parts and see if you could fund NASA improvements

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.