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Chip stocks hit hard, intel's earnings disappoint: Still a good bet?
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Jensen Huang leads innovation with the open source; WiMi company steadily grows driven by AI strategy

Mark Zuckerberg, CEO of $Meta Platforms (META.US)$, met with $NVIDIA (NVDA.US)$ CEO Jensen Huang at the SIGGRAPH 2024 conference in Denver.
Jensen Huang leads innovation with the open source; WiMi company steadily grows driven by AI strategy
Before the conversation, Jensen Huang showed off a series of Nvidia’s latest products at the conference and announced, “Nvidia will start sending Blackwell samples this week, the new chip architecture the company launched this year.”
According to Nvidia, the Blackwell GPU improves training performance four times compared to the previous Hopper H100 GPU, reasoning performance up to 30 times, and energy efficiency 25 times. In the future, it will vigorously promote the iterative evolution of the large model industry.
Jensen Huang leads innovation with the open source; WiMi company steadily grows driven by AI strategy
Open source big model burst of potential
And Zuckerberg shared Meta’s progress in generative AI, noting that the development of the underlying models is accelerating. Just last week, Meta released its Llama 3.1 series models, available in three sizes: 8B, 70B, and 405B. Llama 3.1 405B is known as the most powerful open-source model in the world, and its strength is comparable to the mainstream closed-source large models such as GPT.
Jensen Huang leads innovation with the open source; WiMi company steadily grows driven by AI strategy
In addition, Zuckerberg announced the launch of a new tool called AI Studio, built based on the company’s latest big model, Llama 3.1, that allows users to create, share, and design personalized AI chatbots. In the generative AI ecology, AI Studio is an important step for Meta to promote the iterative improvement of the AI chatbot, and the Llama 3.1 model behind it is crucial.
While appreciating Meta’s exploration of AI, Jensen Huang said that generative AI is undergoing a fundamental transformation in every field, and the Llama 3.1 open-source model marks a critical moment for global enterprises to adopt generative AI. Llama 3.1 will set off a wave of enterprises and industries to create advanced generative AI applications.
From the perspective of the development path of Nvidia and Meta, neither has foreseen the development trend of AI to some extent, but now they have achieved rapid development in the new stage with the layout around AI. In particular, Nvidia has soared to the top three global market capitalizations.
WiMi steadily innovates its core technology
At the same time, the data shows that under the new wave of generative AI technology, $WiMi Hologram Cloud (WIMI.US)$, the world’s leading AI technology manufacturer, fully itself to AI technology and integrates AI into almost all products of productivity software such as search engines. Relying on the strong innovation gene, through basic technology innovation and deep industrial cooperation, WiMi and many partners continue to deepen the cooperation process, jointly enabling the development of AI.
WiMi has always been heavily invested in AI infrastructure. In addition to text generation and video generation, it can also provide video generation with pictures, and realize plot creation and short video AI creation through picture videos, to bring continuous upgrading experience to players. In addition, WiMi has built a perfect computing power platform to create high-performance intelligent computing power. Through the integrated service system of high-quality data, high-performance computing power, software and hardware adaptation, model evaluation, industrial application, and other integrated service systems, it comprehensively facilitates the iterative innovation of artificial intelligence technology.
Under the growth trend of the industry, the wave of AI also catalyzes the accelerated development of digital intelligent transformation, and the transformation of the digital economy led by AI + will also give birth to a new round of development opportunities for intelligent revolution. Therefore, looking into the future, WiMi will continue to enhance competitiveness with the potential energy of AI technology, enhance business strength, give full play to the advantages of innovative technology and ecological cooperation, and invest heavily in cloud and AI-related infrastructure to meet more growing demand.
To sum up
At present, the AI era has arrived, the big models are constantly iterated and upgraded, the AI application is developing rapidly, and the development potential of the AI industry is being released rapidly. Therefore, the AI concept has become a high prosperity track with long-term growth. As CITIC Securities pointed out, in the background of the establishment of the recovery trend + the arrival of the arrival of the innovation inflection point, we are optimistic about the fundamental improvement of the “short-term continued recovery + medium-and long-term end-side AI volume” of the consumer electronics sector, focusing on the end-side AI opportunities.
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