Billionaire tech investor Peter Thiel reportedly raised concern about Mark Zuckerberg’s obsession with the metaverse just before his abrupt resignation from Meta’s board of directors last year. Thi…
Billionaire tech investor Peter Thiel reportedly raised concern about Mark Zuckerberg’s obsession with the metaverse just before his abrupt resignation from Meta’s board of directors last year.detailing Meta’s struggle to keep pace with competitors such as Google and Microsoft in the race to developed advanced artificial intelligence technology.
The billionaire raised concerns that the company was “focusing too much on the metaverse” to the detriment of its revenue-driving social media platforms, Reuters reported, citing two sources familiar with the exchange.Thiel reportedly argued that the metaverse push had left Meta “vulnerable” to competitors like TikTok. He resigned from Meta’s board in February 2022.
In a memo from last October obtained by Reuters, Meta head of infrastructure Santosh Janardhan reportedly warned internally that the company had a “significant gap in our tooling, workflows and processes when it comes to developing for AI.”The company has reportedly scrambled to bolster its AI-related infrastructure and computing capacity given rapid advances by the likes of Microsoft-backed OpenAI and its well-received chatbot ChatGPT.
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