Meta Has Been Busy
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What is the main topic discussed in this episode?
Meta is making even bigger AI bets today on Motley Fool Hidden Gems Investing. Welcome to Motley Fool Hidden Gems Investing. I'm your host, Tyler Crowe, and today I'm joined by longtime contributors Matt Frankel and Jon Quast. Today, we're going to dive into a couple of mailbag questions. We got questions about GE Vernova. We got questions about REITs, which I think definitely had Matt excited to talk about today. But we want to start today with two relatively large announcements from meta platforms today. all of which related to AI. One of them was the launch of its MuseSpark 1.1 artificial intelligence model, kind of the next iteration of what they've been doing with AI models. And the second was it announced its plans to put its own AI chip into production for
It's going to start in September with both Broadcom and Taiwan Semi as kind of designers, manufacturers, helping them build out their own chip production capacities. Now, guys, these sound like really big moves. So help me wrap some context about what we're seeing here with these.
Yeah, as far as the model goes from meta platforms, this is actually a pretty big upgrade in a couple of areas. You wouldn't normally be inclined to think so. I was tempted to overlook this, just going from 1.0 to 1.1 here with MuseSpark. But in here that I think is significant, one is the context window. So they're going to provide a one million token context window. What this does is it allows an AI agent to essentially work longer on a task without forgetting what it's doing. That's actually a problem with some models out there. You'll send an AI agent to work, it loses context, it forgets what it's doing, it keeps working and keeps spending your money. That's a problem. So a one million token context window, this is roughly four times as big as the 1.0 version of MuseSpark.
So that's a really significant upgrade. The other big change here that I'm seeing here is this is now being launched to people to use. There's pricing to go with this.
What big AI and chip announcements did Meta make today?
And if you look at the pricing, It's more than 50% times cheaper than competitive products from Anthropic and OpenAI. That's both for the input and the output. That is really significant when you think about these two businesses because Anthropic and OpenAI, you know, they kind of need this. the products that they have out there. That's what they do. Meta has a whole other business paying the bills and it does this on the side. So it has the luxury of this aggressive pricing. And so that is something really significant to note with MuseSpark 1.1.
So with the chips, I'm not sure if it's as significant as the model. So this is essentially what Google and Amazon do. These chips, as Tyler mentioned, they're designed with the help of Broadcom and manufactured by Taiwan Semi. This is the essential model that Apple uses to design its own iPhone chips. And the goal here is to really reduce the company's dependence on NVIDIA and AMD processors that are really expensive as the company aims to build out its compute power and double it again next year And really the idea is that these chips are gonna handle the easier side of AI tasks. They're still gonna need the more powerful NVIDIA ones for that.
Yeah, I wanna put this in kind of context of everything we've seen from Meta recently because this isn't what to me seems like the biggest major announcement or it's a couple in like what I would say is major announcements from Meta. It's been using a lot of creative financing to build data centers. To your point, the amount that they're adding this year, doubling that next year. It's made some announcements with smart glasses. It recently announced a prediction market asset. And I know I'm missing a few deals and announcement there, but I think it kind of gets to the broader point. There's a lot of things going on here. And when I look at Meta and I see all of these things that it's doing, I am less impressed.
I see an unfocused company that's throwing a lot of spaghetti at the wall to kind of see what sticks.
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Chapters
5 chapters
1
What is the main topic discussed in this episode?
0:02–2:11
2
What big AI and chip announcements did Meta make today?
2:11–5:47
3
How does MuseSpark 1.1 improve AI performance and pricing?
5:47–13:33
4
Why is Meta designing its own AI chips with Broadcom and TSMC?
13:33–16:57
5
Is Meta ‘throwing spaghetti at the wall’ or executing a strategy?
16:57–26:23