In the Next Four Years, Global Spending on Generative AI for Mobile Messaging Will Surge to $11 Billion

Social media giant Meta is facing unprecedented AI infrastructure costs, with projected AI-related spending soaring to a staggering $65 billion, potentially contributing to a total annual expenditure of $119 billion! Faced with this astronomical bill, the tech giant has decided to develop its own AI chips, and has already made significant progress. Recent reports indicate that Meta is about to begin a small-scale deployment of its custom chips, signaling a gradual move away from Nvidia and its reliance on their GPUs.
According to a recent report by Market.us, generative AI is experiencing rapid expansion in the trading market. The market size is projected to grow from $245.3 million in 2024 to $2.3587 billion in 2034, exhibiting a Compound Annual Growth Rate (CAGR) of 25.4%. This growth is primarily driven by the adoption of AI-driven trading strategies and advanced analytics. Image Note: Image generated by AI, image licensing provider Midjourney. In 2024, North America dominated the market.
Tianyancha App shows that Beijing Silicon-based Liquid Technology Co., Ltd. recently underwent a major business change. In this change, Beijing Zhipu AI Technology Co., Ltd. withdrew from the shareholder ranks, while four new investors were added: Meituan's Tianjin SanKuai Technology Co., Ltd., Beijing Xinglian Dingsen Equity Investment Fund Partnership (Limited Partnership), Nanjing LvYong Jinhao Equity Investment Management Partnership (Limited Partnership), and SME Development Fund PwC (Hangzhou) Venture Capital Partnership (Limited Partnership). After this round of financing, the registered capital of Silicon-based Liquid increased from approximately RMB 13.758 million...
Nvidia and the state of Utah recently announced a strategic partnership to launch a comprehensive AI education initiative aimed at upskilling the state's workforce and boosting economic growth. This public-private collaboration will provide key resources for developing generative AI skills to Utah's universities, community colleges, and adult education programs. A core component of the initiative will provide educators with professional certifications through the Nvidia Deep Learning Institute University Ambassador Program, access to high-quality teaching kits, workshop materials, and cloud-based Nvidia GPUs.