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 13 Dec 23

tl;dr

Meta Platforms (NASDAQ:META) is facing a lawsuit from certain authors alleging that the company used their works without consent to train its artificial-intelligence language model Llama, Reuters reported. The new filing consolidates two suits brought versus Meta by comedian Sarah Silverman, Pulit...

Meta Platforms (NASDAQ:META) is facing a lawsuit from certain authors alleging that the company used their works without consent to train its artificial-intelligence language model Llama, Reuters reported.


The new filing consolidates two suits brought versus Meta by comedian Sarah Silverman, Pulitzer Prize winner Michael Chabon, and other authors. Last month, a California judge dismissed part of the Silverman lawsuit and signaled that he would give the authors permission to amend their claims. The new complaint includes chat logs of a Meta-affiliated researcher discussing the obtainment of the data in a Discord server, suggesting that Meta was aware that its use of the books may not be protected by U.S. copyright law. The chat quoted in the complaint reveals that researcher Tim Dettmers has been discussing the legal implications of using book files as training data with Meta's legal department. This has significant ramifications given Meta's recent introduction of the Llama language model and the list of datasets used for training, including the "Books3" section of ThePile, as well as the lawsuit Is filed against Microsoft-backed OpenAI for alleged copyright infringement.

More about Meta Platforms Inc.

Meta Platforms Inc. (formerly Facebook) is a technology company that develops products for connecting and sharing through various devices. The stock has a market capitalization of $835.92 billion, with a current price of $372.82. The stock has a 52-week range of $28.73 to $48.97. The company's price-to-earnings ratio is 1.679, indicating potential value. Market sentiment towards Meta Platforms appears to be positive, with the company's focus on innovative technologies and global reach. However, there may be risks associated with regulatory scrutiny and potential changes in user behavior. It's important to consider these factors when evaluating the stock's performance.

More about Microsoft Corporation

Microsoft Corporation is a leading American multinational technology company in the information technology industry, producing computer software, consumer electronics, and personal computers. With a total revenue of $275.96 billion, Microsoft is a major player in the services-prepackaged software sector. The stock currently trades at $35.98, with a 2.79% dividend yield and a 10.32 P/E ratio. Market sentiment towards Microsoft is positive, with a bullish trend indicated by the Relative Strength Index (RSI) of 29.35. However, there is a level of uncertainty with a resistance level at $376.37 and a support level at $0.353, highlighting potential risks in the stock performance. Overall, Microsoft's strong financials and market position make it a key player in the technology industry, but potential risks should be considered when evaluating its stock performance.

More about Alibaba Group Holding Ltd

Alibaba Group Holding Ltd is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology. With a market capitalization of $181.5 billion and a stock price of $355.79, the company operates a diverse portfolio of businesses in various sectors. The stock has shown a 0.569% increase in recent performance and a bullish sentiment in the market. However, it is important to note that past performance does not guarantee future results, and potential risks should be carefully considered.

More about Baidu Inc

Baidu Inc (BIDU) is a technology company that provides Internet search services primarily in China. With a market cap of $132.72 billion and a stock price of $171.74, BIDU has shown a 0.416% increase in performance. The stock has a 52-week high of $378.94 and a low of $171.74, indicating a potential resistance level near the current price. The Relative Strength Index (RSI) of 18.99 suggests that the stock may be oversold, potentially indicating a buying opportunity. However, the stock has not shown any significant breakouts or bullish trends, and the 0.059 earnings per share (EPS) ratio may raise uncertainties about the company's future performance. Investors should be cautious and consider the potential risks associated with the stock before making any investment decisions.

More about Alphabet Inc Class C

Alphabet Inc. Class C is a multinational conglomerate, created through a restructuring of Google in 2015. It is the parent company of Google and several former subsidiaries. With a market cap of $1.67 trillion, Alphabet is one of the world's most valuable technology companies. The stock has shown a 5.23% increase in the latest period and has a P/E ratio of 25.76. The stock is currently trading at $135.59, with a 0.46% change. The market sentiment appears bullish, with a positive trend in the stock performance.

More about Alphabet Inc Class A

Alphabet Inc. Class A is a leading multinational conglomerate in the technology industry, with a market capitalization of $1.67 trillion. The stock has a current price-to-earnings ratio of 25.39 and a price-to-sales ratio of 5.22, indicating the company's strong financial performance. With a beta of 0.225, the stock is less volatile compared to the overall market, making it a relatively stable investment option. The company's revenue stands at $297.13 billion, showcasing its robust financial position.

From a technical analysis standpoint, the stock has shown a bullish trend, with the stock price consistently trading above its 50-day and 200-day moving averages. The Relative Strength Index (RSI) is at 152.04, signaling that the stock may be overbought in the short term. The Bollinger Bands indicate that the stock is trading within normal limits, with no significant breakouts or breakdowns observed recently.

Overall market sentiment towards Alphabet Inc. Class A is positive, with investors showing confidence in the company's growth prospects. However, it's important to note that past performance is not always indicative of future results, and there are inherent risks associated with investing in the stock market, including potential market downturns and company-specific challenges that could impact Alphabet Inc.'s performance.

More about Getty Images Holdings Inc.

Getty Images Holdings Inc. is currently trading at -0.06, with a market cap of 2.322 and a volume of -0.0463. The stock has shown a bearish trend with a RSI of 6.53, indicating a potential oversold condition. The stock has been trading within a narrow range with support and resistance levels at 0 and 0. The market sentiment appears to be cautious, with uncertainties surrounding the stock's performance. It's important to note that past market behavior may not accurately predict future performance.

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