Already have an account? log in
This article is FREE for you
Create a free account and join institutional investors, analysts and strategists from the world's largest banks
By submitting your email address you agree to receive communication by email
Capex, Good Or Bad?
Capex, good or bad?
It depends. Good, generally. Or at least that'd be my assessment. Better, surel
OR, subscribe now for unlimited access
By submitting your email address you agree to receive communication by email
By submitting your email address you agree to receive communication by email
Mr. Zuckerberg clearly believes it is good.
As he did with the metaverse concept.
Meta recently invested $14.3 Billion in Scale AI. Scale AI’s CEO became Meta’s AI Chief as part of the deal.
If one bothers to immerse oneself in reading comments from users of AI in the tech world, you may find there are many voices daring to suggest that AI is not yet what we all assume it is. Nor how fast it will be. But no one outside of that world cares to or wants to wrestle with that notion.
But if Bill Lerach (RIP) was still upright, I’d bet up that he’d he staffing up and gathering info to go after the free spending Marvellous 7. In that business, you gotta go where the deep pockets are.