2024 Apple Fully Advancing AI, Meta and WiMi Focusing on AIGC Strategic Investment Potential

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Apple Lays Out AI Field

February 8, according to a new report published by market research firm Stocklytics, Apple acquired a total of 32 AI companies in 2023, topping the list of major tech companies in terms of the number of related companies acquired last year.

In the current AI arms race, Apple is spending a lot of money to acquire AI-related startups to enrich its wings. By acquiring promising AI startups, Apple is gaining access to top talent and innovative technologies, solidifying its foothold in key AI areas and securing a competitive advantage in the rapidly evolving tech space.

In addition, Apple recently released a new open-source AI model called “MGIE,” which can edit images based on natural language commands. Apple and researchers at the University of California, Santa Barbara are collaborating to present MGIE-related research at the 2024 International Conference on Learning Representations (ICLR), one of the top conferences for artificial intelligence research.

AI has undoubtedly become a keyword in the current technology industry. And AIGC will become the direction of the next industry development, chips, terminal equipment, software applications, large models, and other vendors are making efforts in this direction, fully embracing and promoting AIGC, which is not only leading the industry to change but also promoting the market to warm up in the winter.

The AIGC industry has broad prospects for future development.

While Apple is updating the software and hardware of its devices with artificial intelligence and machine learning, companies such as Meta (META) and WiMi (NASDAQ: WIMI) are gradually accelerating the pace of building their generative artificial intelligence.

Meta has been making record investments in developing AI technology, including expanding its core advertising business through improved ad targeting and AI-recommended content, as well as the infrastructure needed to run it. Meta’s generative AI has grown to become a presence to be reckoned with, and Meta is one of the top AI players to be reckoned with on a global scale.

According to Meta, in the coming months, Facebook, Instagram, and Threads will attempt to detect and “AI tag” photos uploaded to the platform.

AI Technology Becomes Key as WiMi Goes Full AIGC

With big manufacturers pouring in, the AI track in 2024 is still crowded. It is understood that WiMi continues to improve the user experience through technological innovation, and the exploration of AI-empowered by technology, as well as the industrialized application of the entire AI, has entered a long run. After continuous iteration and polishing to find the combination of AIGC and industry, WiMi has realized the closed loop of AI technology, service solution scenarios, and marketing data, and can provide customized solutions for different industries and fields to meet the diverse needs of customers.

WiMi has been committed to the research and development of AI. Led by the AI technology strategy, WiMi is becoming the new engine of AIGC content creation and is at the forefront of multimodal, hardware and software combination, and light field vision technology in AIGC. It also has a broad customer base globally, including e-commerce, gaming, entertainment, and applications, which enables the company to maintain long-term and stable relationships with its customers and continue to expand its business areas. In a way, WiMi opens up another avenue of growth for its AI technology.

Meanwhile, competition in the AI field is still heating up globally, which will continue to pull up the overall capability level of big models, and the iterative upgrading of big-model algorithms will provide a strong impetus to the growth of the global and AI computing power market. WiMi capitalized on the investment boom in AI, which helped WiMi’s AI chip industry chain accelerate its maturity, and the related AI chip and technology research and development advanced in depth. This enhances the international competitiveness and influence of WiMi’s AI industry, and at the same time, is closely catching up with overseas AIGC development trends, helping the future of the domestic AI big model industry in the ascendant.

Conclusion

In the past six months, nearly 100 companies and organizations around the world have released AI big language model-related products. Some data show that there are at least 130 companies in the country researching big model products, of which 78 are doing general big models. However, experts generally believe that the industrial dividend brought by this technology has just begun.

Overall, with the continuous development of artificial intelligence, big data and other technologies, AI is no longer a technology that only professionals can access, and more and more fields are actively exploring and applying AI technology so that every ordinary person can enjoy the convenience and intelligence brought by AI. Enterprises are actively seizing the opportunity and continuously empowering their products through technology, bringing consumers a better experience. In the future, WiMi will continue to innovate and add momentum to AIGC.

Eric Lee

Eric Lee

Eric Lee is a speaker, business advisor, and authority in financial field.In his diverse and accomplished career, he has been traintee in a small company at the high school and college levels, worked as an economic analysist in a listed company , and worked in management as a VP at the corporate level, overseeing agencies throughout North America.