Meta Platforms Says Llama 3 Trained On Both Text And Images, Though Current Versions Will Only Output Text For Now; Meta AI Virtual Assistant Will Be Updated To Include New Models And Given Standalone Website; Releases Two Early Versions Of Next-Gen Llama 3 Large Language Model; Company Struck Partnership With Google To Include Its Search Results In Assistant's Responses
Portfolio Pulse from Benzinga Newsdesk
Meta Platforms announced the training of Llama 3 on both text and images, with current versions outputting only text. The Meta AI virtual assistant will be updated with new models and receive a standalone website. Two early versions of Llama 3 have been released. Additionally, Meta has partnered with Google to integrate Google's search results into the assistant's responses.

April 18, 2024 | 4:02 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Google partners with Meta Platforms to integrate its search results into Meta's AI virtual assistant, marking a significant collaboration between the two tech giants.
Google's partnership with Meta Platforms to include its search results in Meta's AI assistant is a strategic move that could enhance Google's presence in AI applications and strengthen its search dominance. This collaboration is likely to be seen as a positive development for Google, potentially boosting investor confidence and positively impacting its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Meta Platforms introduces Llama 3, focusing on AI advancements and a partnership with Google for enhanced search capabilities in its virtual assistant.
The introduction of Llama 3 and the partnership with Google for integrating search results into Meta's AI assistant are significant developments for Meta Platforms. These advancements in AI and collaboration with a major player like Google are likely to be viewed positively by investors, potentially driving up Meta's stock in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90