- Meta Platforms Inc (NASDAQ:FB) touts its AI Research SuperCluster (RSC), among the fastest AI supercomputers running today and will be the fastest in the world once fully built out in mid-2022.
- Several hundred people, including researchers from partners NVIDIA Corp (NASDAQ:NVDA), Penguin Computing Inc, and Pure Storage Inc (NYSE:PSTG), were involved in the two-year project, the Wall Street Journal reports.
- AI can currently perform tasks like translating text between languages and helping identify potentially harmful content.
- However, developing the next generation of AI will require powerful supercomputers capable of quintillions of operations per second.
- RSC will help Meta’s AI researchers build better AI models that can learn from trillions of examples, paving the way toward building technologies for the metaverse, where AI-driven applications and products will play an important role.
- Price Action: FB shares traded lower by 2.8% at $294.71 on the last check Monday.
Amcon Distributing Q1 EPS $5.18 Down From $5.57 YoY, Sales $422.57M Up From $404.74M YoY
Amcon Distributing (AMEX:DIT) reported quarterly earnings of $5.18 per share. This is a 7 percent decrease over earnings of $5.57 per share from the same period last year. The company reported $422.57 million in sales
