Meta shares are trading higher following reports suggesting the company is working on a new AI system which is intended to be as powerful as GPT-4.
Portfolio Pulse from Benzinga Newsdesk
Meta Platforms Inc. is reportedly developing a new AI system that is expected to be as powerful as GPT-4. This news has led to an increase in the company's stock price.
September 11, 2023 | 7:14 pm
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POSITIVE IMPACT
Meta's stock is trading higher following reports of the company developing a new AI system. This could potentially increase the company's competitive edge in the tech industry.
The development of a new AI system as powerful as GPT-4 could potentially increase Meta's competitiveness in the tech industry. This news is directly related to Meta and is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100