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Sources: data center startup Crusoe is arranging an employee share sale involving ~$120M worth of shares that values it at ~$13B, up from $10B+ just weeks ago (The Information)

The Information : Sources: data center startup Crusoe is arranging an employee share sale involving ~$120M worth of shares that values it...

1 August 2024

On Meta's earnings call, Mark Zuckerberg said Llama 4 will likely need ~10x more compute than Llama 3.1 to train, Quest 3 sales exceeded expectations, and more (Alex Heath/The Verge)

Alex Heath / The Verge:
On Meta's earnings call, Mark Zuckerberg said Llama 4 will likely need ~10x more compute than Llama 3.1 to train, Quest 3 sales exceeded expectations, and more  —  Meta's second quarter earnings continue the same story from the previous quarter: generative AI may be here, but it's going to take a long time to make money.

Posted from: this blog via Microsoft Power Automate.

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