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Meta Platforms Inc. is reportedly planning a significant investment in AI-powered humanoid robots, forming a new team within its Reality Labs division to develop hardware focused on household tasks. The initiative aims to create AI, sensors, and software for robots that other companies will manufacture, with discussions already underway with firms like Unitree Robotics and Figure AI Inc. Meta plans to invest $65 billion this year in related products, positioning itself similarly to how Google’s Android and Qualcomm’s chips shaped the smartphone industry.
Investors are concerned that Trump's potential trade tariffs could exacerbate inflation, as retail sales rose 0.7% in November. The Dow Jones is on track for its longest losing streak since the 1970s, while Nvidia faces challenges with thermal issues in its chips, impacting its stock. Tesla continues to rise, with analysts projecting a bullish outlook for 2025.
Nvidia's stock fell nearly 3% after an analyst reported severe thermal issues with DrMOS chips from Alpha & Omega Semiconductor, impacting the AI chipmaker's latest server systems. This problem threatens to delay mass production of the GB300 and B300 systems, pushing Nvidia's stock into a sell zone. Meanwhile, Alpha & Omega's shares dropped over 6%, while Monolithic Power Systems saw a rise of more than 4%.
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Meta plans significant investment in AI-powered humanoid robots for household tasks
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13:30 17.02.2025
dow jones faces longest losing streak since 1970s amid economic concerns
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18:30 17.12.2024
nvidia stock declines amid severe thermal issues with power chips
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20:34 16.12.2024
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