Germany fact of the day sentence to ponder A comparison shows Meta will spend $125 billion on chips in 2024, exceeding Germany's $114 billion defense budget, while offering over $100 million salaries to attract top AI researchers, yet still struggles to catch up in the AI race, raising questions about the effectiveness of a European AI model. Germany fact of the day sentence to ponder Champions of a European AI model should ask themselves if a European effort would be more effective than Meta, which this year will spend more on chips $125 billion than Germany spends on defense $114 billion and offer salaries of over $100 million to attract the best researchers, and is still failing to catch up. Here is more from Pieter Garicano and Simon Grimm https://www.siliconcontinent.com/p/nineteen-thoughts-on-ai-and-europe . Via Jesper.