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CoinWorld news: Investment research institution Citrini stated that Meta may usher in a strong rally, calling it the "Google $150 phenomenon." Yesterday, Meta released a series of positive news, including the next-generation self-developed AI chip Iris set to begin production in September, and plans to increase computing power from 7GW this year to 14GW by 2027. Meanwhile, Muse Spark 1.1 has also started charging via API, marking the first time Meta directly sells large model services to developers. Meta's stock subsequently rose 4.7%. Previously, the market was concerned that huge AI investments would be difficult to recoup, but now it is betting on cost reduction through self-developed chips, revenue growth from advertising business, and monetization of model APIs.