00:00 It's Benzinga and here's what's on the block.
00:02 Meta CEO Mark Zuckerberg is reorganizing the company's AI teams to accelerate research into
00:07 artificial general intelligence. Meta currently has two AI teams, Fundamental AI Research and
00:12 a team focused on generative AI experiences. These will be brought closer together under
00:16 the reorganization. Zuckerberg aims to support the goals of building AGI, open sourcing it
00:22 responsibly and making it useful for people in their daily lives. Zuckerberg believes advances
00:27 in AGI will also help progress on Meta's vision of the metaverse. By the end of the decade,
00:32 he expects people to frequently talk to AI assistants using smart glasses. Critics argue
00:37 the focus on the metaverse remains uncertain while AGI development poses technological and ethical
00:41 challenges. Meta is investing heavily in AI infrastructure and plans to have over 600,000
00:47 GPUs for AI workloads by the end of 2024. For all things money visit Benzinga.com
00:52 Ciao.
