'Meta's Search for AI Clout Takes It Into New Terrain' - The Information
Portfolio Pulse from Benzinga Newsdesk
Meta Platforms is aiming to become a leader in artificial intelligence by promoting its large language model, Llama 3, as an industry standard. CEO Mark Zuckerberg is focusing on pitching this AI software to big businesses, a new venture for the company.
August 21, 2024 | 1:03 pm
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Meta Platforms is focusing on promoting its AI model, Llama 3, to big businesses, marking a shift from its traditional advertising model. Success in this area could position Meta as a leader in AI.
Meta's shift towards AI with Llama 3 represents a strategic move to diversify its offerings beyond advertising. If successful, this could enhance Meta's market position and open new revenue streams.
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