Meta Platforms is often misunderstood; its core business in social media generates significant ad revenue, which increased by 19% YoY in Q3, underscoring its value.
Despite concerns over investments in AI and the metaverse, Meta’s generative AI model, Llama, is proving successful, experiencing a tenfold growth in adoption within just seven months.
Meta is increasingly focusing on solidifying its position in the AI sector, recognizing that leadership in this area could translate into significant financial returns.
The computing power needed for Llama’s upcoming iteration, Llama 4, is anticipated to be tenfold compared to its predecessor, reflecting Meta’s commitment to advancing AI significantly.
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