Mark Zuckerberg says Meta was ready to spend up to $200 billion on AI
Mark Zuckerberg says Meta was ready to write a check of up to $200 billion for AI before its new models were proven.
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Mark Zuckerberg says Meta was ready to write a check of up to $200 billion for AI before its new models were proven.
Mark Zuckerberg and Priscilla Chan paid €51.2 million for Strancally Castle in Waterford, nearly double early estimates and Ireland’s highest residential price this year.
Mark Zuckerberg's fortune has fallen nearly $20 billion in two trading days to $246.7 billion after a Goldman Sachs note questioned whether Meta's AI spending can pay off.
Four days ago Mark Zuckerberg was sixth, $14.5 billion behind Sergey Brin. He is now fifth. He gained about $3 billion over that stretch. Brin lost roughly $12.7 billion and that, not Meta's rally, is what closed the gap.
Meta shares rose almost 12% on Monday after Wells Fargo raised its target, lifting Mark Zuckerberg's fortune to $253.6 billion, per Forbes.
Mark Zuckerberg and his wife Priscilla Chan have reportedly bought Strancally Castle in County Waterford, a Gothic-revival mansion set on a 440-acre riverside estate.