Meta-Friendly News Continues: Research Firm Citrini Bets on Google 150 USD Reprint
According to Dynamic Insight monitoring, the "AI Doomsday Report" publisher Citrini suggests that an exchange may be poised for a strong rally. Once the market cycle is complete, the market will retroactively deem it "obvious" and pretend that everyone was buying the dip.
Citrini refers to this phenomenon as the "Google $150 Effect": lots of skepticism during consolidation, followed by everyone claiming they saw it coming all along after the pump.
Meta released a series of positive news yesterday. The next-generation in-house AI chip, Iris, is set to launch in September, with the company planning to increase its computing power from 7GW this year to 14GW by 2027. Muse Spark 1.1 has also started monetizing through an API fee, marking Meta's first direct sale of large-scale model services to developers.
Subsequently, Meta's stock price surged by 4.7%. The market's prior main concern was the difficulty of recouping massive AI investments, but now there is a shift towards betting on cost reduction through proprietary chips, revenue growth from advertising, and monetization of model APIs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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