Social media refers to digital platforms and applications for the creation, sharing, and exchange of user-generated content, ideas, and information. These platforms connect people, enabling them to interact, communicate, and build online communities. Popular social media sites include Facebook, X (Twitter), Instagram, LinkedIn, and TikTok, among others. Social media companies leverage their large user bases for potential advertising revenue, data-driven analytics, global marketing reach, and their role in driving digital innovation and social transformation.
Performance Comparison: Meta Platforms And Competitors In Interactive Media & Services Industry
Meta's self-developed chip has come to light and is said to have entered the small-scale deployment stage.
①Meta Platforms is testing its first self-developed chip for training AI systems, which has begun small-scale deployment, with plans to increase production for large-scale use if testing goes well; ②Meta's self-developed chip is a dedicated accelerator produced in collaboration with Taiwan Semiconductor, which is more energy-efficient than the GPUs typically used for AI workloads.
Report: Meta collaborates with Taiwan Semiconductor to produce training chips.
Currently, this chip has entered the small-scale deployment phase. If testing goes smoothly, Meta plans to expand production for widespread application. Company Executives at Meta have indicated that they plan to start using self-developed chips for training by 2026, initially applying them to recommendation systems, then expanding to generative AI products such as the Meta AI chatbot.
Express News | Meta is working with TSMC to produce its first in-house AI training chip, Reuters reported.
Weathering the Downturn: Buffett's Blueprint for Navigating Market Uncertainty
Dow Dips Nearly 900 Points As Recession Fears Grow; Investor Sentiment Decreases, Fear & Greed Index Remains In 'Extreme Fear' Zone
Earnings Call Summary | Yalla(YALA.US) Q4 2024 Earnings Conference
Tesla Rival XPeng Eyes $13.8 Billion Investment In Humanoid Robots, Says Chinese State Media
Yalla Non-GAAP EPS of $0.20, Revenue of $90.8M; Initiates Q1 Outlook
OpenAI Secures Near-$12 Billion CoreWeave Deal, Taking Stake In Cloud Firm Ahead Of $35 Billion IPO To Reportedly Reduce Microsoft Dependence
Nvidia, Meta Platforms, Oracle, Palantir, And Tesla: 5 Trending Stocks Amid Monday's Market Meltdown
OpenAI's 11.9 billion dollar deal with Microsoft's Cloud Computing Service "little brother" has sparked a lot of speculation in the market.
① OpenAI has reached a five-year agreement worth 11.9 billion USD with the Cloud Computing Service provider CoreWeave; ② By 2024, CoreWeave will have 32 Datacenters, installing over 0.25 million NVIDIA GPUs, with Microsoft being its main customer, accounting for 62% of revenue in 2024; ③ The Trade is a win-win for both parties but also reflects the delicate situation between OpenAI and Microsoft.
Cathie Wood Stands By 'Deflationary Boom' Call As Gene Munster Compares Market Turmoil To Dot-Com Bubble
Trump's "economic suicide"? Black Monday for U.S. stocks: Wall Street trapped in a death spiral.
① As investors rush to escape almost all types of risk Assets, concerns about an economic recession have further swept across Wall Street; ② The steady decline of the USA stock market accelerated sharply on Monday, and Wall Street encountered a stormy "Black Monday" market...
Express News | In Overnight Trading, Tesla Falls 3%, Extending Its Trading-Session Losses. NVIDIA Declines 2%; Palantir Drops 5%; Meta Platforms and Broadcom Down 2%.
Magnificent 7 Sheds Over $750 Billion In Market Cap In One Day: Is Big Tech's Honeymoon Over?
Yalla Group Sees Q1 2025 Revenue $75M-$82M Vs $83.3M Est.
Wall Street Today: Nasdaq Falls 4%, S&P 500 and DJIA Tank as Well on U.S. Recession Fears
Shares of Companies Within the Broader Communication Services Sector Are Trading Lower Amid Economic Worries Driven by Tariffs and Trade Policies. Investors May Be Expecting a Decline in Investment, Which May Also Be Weighing on the Industry.
Elon Musk's X Faces Major Outage, He Blames Cyberattack