Do the investments finally make sense? Muse Spark 1.1 and new Iris chip drive the monetization plans!
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Transition to Monetization: CEO Mark Zuckerberg considers building a proprietary cloud business to rent out AI infrastructure New flagship model: Muse Spark 1.1 breaks with the previous open-source tradition and targets the lucrative developer market Infrastructure expansion: With the launch of its own AI chip Iris and a 1 GW data center in Canada, Meta aims to double its capacities Meta Platforms' (i)(META) massive investments in AI faced skepticism on Wall Street for a long time. Now, the tech giant has provided concrete signals for...
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