Mark Zuckerberg Says 'Tens Of Millions' Users Have Already Tried Meta AI, And People Are 'Asking Us To Release...Wherever They Are'
Portfolio Pulse from Rounak Jain
Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg announced that the new version of Meta AI, powered by the Llama 3 model, has been positively received, with tens of millions of users trying it out. The initial rollout in English-speaking countries is going well, with plans to expand to more languages and countries. Zuckerberg highlighted Meta's product development strategy of releasing early versions to a limited audience, gathering feedback, and then improving the product. The Llama 3 AI model competes with Google Gemini and Anthropic's Claude 3, offering unique features like creating animations from still images.
April 25, 2024 | 11:05 am
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POSITIVE IMPACT
Meta Platforms Inc. has seen a positive reception to its new Meta AI version, indicating potential user growth and increased engagement. The successful initial rollout and plans for expansion could positively impact investor sentiment.
The positive reception of Meta AI's new version, along with the strategic rollout in English-speaking countries and plans for further expansion, suggests a potential increase in user engagement and market penetration. This, combined with the competitive edge mentioned against Google Gemini and Anthropic's Claude 3, could lead to increased investor confidence in Meta's AI initiatives and potentially drive the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100