Meta Just Admitted Its AI Problem Isn't Technical

Meta just named a Goldman Sachs banker—not an AI researcher—to lead its $600 billion infrastructure buildout. The appointment signals that AI has become a capital and political problem, not a technical one. Powell McCormick's job is handshakes in Riyadh and zoning hearings in Nevada.

Meta Hires Goldman Banker to Lead $600B AI Infrastructure Pu

The job posting didn't ask for an engineer.

On Monday, Meta named Dina Powell McCormick as president and vice chairman, a role that will put a Goldman Sachs veteran and former Trump administration official at the center of the company's artificial intelligence ambitions. Not running model training. Not optimizing inference. Her job is handshakes in Riyadh and zoning hearings in Nevada. Building relationships with governments and sovereign wealth funds that can finance infrastructure that no private company can build alone.

Read that job description again. Build. Deploy. Invest. Finance. Four verbs, and not one of them involves writing code.

Mark Zuckerberg announced the appointment hours before unveiling Meta Compute, a new initiative to construct "tens of gigawatts" of data center capacity this decade and "hundreds of gigawatts or more over time." The company has committed $600 billion in US infrastructure investment by 2028. Last year alone, capital expenditures hit $72 billion.

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