Cloudflare Partners With Meta: Revolutionizing AI With Llama 2 On Workers Developer Platform
Portfolio Pulse from Nabaparna Bhattacharya
Cloudflare, Inc. (NYSE:NET) has partnered with Meta Platforms, Inc (NASDAQ:META) to bring the Llama 2 open-source large language model (LLM) to developers on its platform, Workers. This move is expected to enhance AI applications and promote data localization. Cloudflare's shares are trading higher by 1.32% to $57.43 in premarket trading.
September 27, 2023 | 11:42 am
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POSITIVE IMPACT
Meta's partnership with Cloudflare to bring its Llama 2 model to the Workers platform could enhance its reputation in the open-source community and potentially increase its user base.
The partnership with Cloudflare allows Meta to extend the reach of its Llama 2 model, potentially attracting more users to its platform. This could enhance Meta's reputation in the open-source community and potentially increase its revenue.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Cloudflare's partnership with Meta to bring Llama 2 to its platform is expected to enhance its AI capabilities and promote data localization. This news has led to a 1.32% increase in Cloudflare's premarket stock price.
The partnership with Meta allows Cloudflare to enhance its AI capabilities, which could attract more developers to its platform and potentially increase its revenue. This positive news has already led to a premarket increase in Cloudflare's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100