tl;dr
Meta Platforms' (NASDAQ:META) artificial intelligence assistant, Meta AI, powered by Meta Llama 3, has been integrated across multiple platforms and released in more global markets, the social media giant revealed Thursday. Meta AI, rival to OpenAI's ChatGPT, can now be used across Meta's apps, incl...
Meta Platforms' (NASDAQ:META) artificial intelligence assistant, Meta AI, powered by Meta Llama 3, has been integrated across multiple platforms and released in more global markets, the social media giant revealed Thursday. Meta AI, rival to OpenAI's ChatGPT, can now be used across Meta's apps, including Facebook, Instagram, WhatsApp, and Messenger. It can also be accessed in a standalone website: Meta AI. Meta moved up 3% following the news. Meta AI in English is also being released in more than a dozen countries outside the US, including Australia, Canada, Ghana, Jamaica, Malawi, New Zealand, Nigeria, Pakistan, Singapore, South Africa, Uganda, Zambia, and Zimbabwe. The update to Meta AI has also improved its image generation capabilities. "We’re making image generation faster, so you can create images from text in real-time using Meta AI’s Imagine feature," Meta said in a press release. "We’re starting to roll this out today in beta on WhatsApp and the Meta AI web experience in the US." Llama 3 models will soon be available on AWS (AMZN), Databricks, Google Cloud, Hugging Face, Kaggle, IBM (IBM) WatsonX, Microsoft Azure, NVIDIA (NVDA) NIM, and Snowflake (SNOW), and with support from hardware platforms offered by AMD (AMD), AWS, Dell (DELL), Intel (INTC), NVIDIA, and Qualcomm (QCOM), Meta said. AWS also said Meta Llama 3 is available on Amazon SageMaker JumpStart. "Llama 3 uses a decoder-only transformer architecture and new tokenizer that provides improved model performance with 128k size," AWS spokesperson Emma Quong said. "In addition, Meta improved post-training procedures that substantially reduced false refusal rates, improved alignment, and increased diversity in model responses." "In the coming months, we expect to introduce new capabilities, longer context windows, additional model sizes, and enhanced performance, and we’ll share the Llama 3 research paper," Meta added. Meta launched its Llama 2 large language model back in July 2023. Some of its safeguards were considered "too safe" as it wanted to avoid some of the pitfalls experienced by Google's (GOOG)(GOOGL) Gemini.
More about Meta Platforms Inc.
Meta Platforms Inc.,Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, PCs, virtual reality headsets, wearables and home devices around the world. The company is headquartered in Menlo Park, California.
Industry: TECHNOLOGY
Sector: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
Market Cap: 1.274 trillion
Current Price: $33.56
Dividend Yield: 0%
Price/Earnings Ratio: 14.89
52-Week High: $52.41
52-Week Low: $29.29
EPS: $0.29
Volume: 134,901,998
Average Volume: 526,710
Beta: 2.002
Volatility: 0.247
More about Amazon.com Inc
Amazon.com Inc,Amazon.com, Inc. is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Microsoft, and Facebook. The company has been referred to as one of the most influential economic and cultural forces in the world, as well as the world's most valuable brand.
Industry: TRADE & SERVICES
Sector: RETAIL-CATALOG & MAIL-ORDER HOUSES
Market Cap: 190.70 billion
P/E Ratio: 63.21
Dividend Yield: None
Beta: 2.9
EPS: 55.78
Volatility: 0.0529
Revenue: 574.78 billion
Target Price: 209.59
52-Week High: 50.69
52-Week Low: 0.139
More about International Business Machines
International Business Machines Corporation (IBM) is a multinational technology company based in Armonk, New York, with operations spanning over 170 countries. Established in 1911 as the Computing-Tabulating-Recording Company (CTR) in Endicott, New York, the company was later renamed to International Business Machines in 1924. IBM is incorporated in New York and is involved in the production and sale of computer hardware, middleware, and software. Additionally, the company offers hosting and consulting services across diverse areas, from mainframe computers to nanotechnology.
IBM holds a prominent position as a major research organization, boasting the record for the most annual U.S. patents generated by a business for 28 consecutive years, as of 2020. Noteworthy inventions by IBM include the automated teller machine (ATM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, the SQL programming language, the UPC barcode, and dynamic random-access memory (DRAM). The IBM mainframe, typified by the System/360, was the leading computing platform during the 1960s and 1970s.
In the technology, computer, and office equipment sector, IBM's market capitalization stands at $168.45 billion. The stock's current price stands at $22.52, with a 6.63% change over the last month and an 8.16% change over the last quarter. The Relative Strength Index (RSI) is at 67.89, signaling a potential overbought condition. IBM's market volume is at 0.121, with a total market cap of $61.86 billion. The stock's 52-week high is $188.24, with a low of $0.20. The earnings per share (EPS) is at $0.041.
More about NVIDIA Corporation
NVIDIA Corporation Technical Analysis Summary
NVIDIA Corporation is a leading technology company specializing in graphics processing units (GPUs) for gaming and professional markets, as well as system on a chip units (SoCs) for mobile computing and automotive market. The company is incorporated in Delaware and based in Santa Clara, California.
Sector: Manufacturing, Semiconductors & Related Devices
Market Cap: $214.68 billion
Current Price: $72.22
Price Change: $0.16
Price/Earnings Ratio: 11.89
Dividend Yield: 24.68
Beta: 0.488
Volume: 60,921,999
Revenue: $60.92 billion
Net Income: $944.28 million
Earnings Per Share: $7.61
Shares Outstanding: 2.653 billion
More about Snowflake Inc.
Snowflake Inc. Stock Analysis Summary
Snowflake Inc. is a company that provides a cloud-based data platform in the United States and internationally. The company is headquartered in San Mateo, California.
Industry: Technology
Sector: Services-Prepackaged Software
Market Cap: $50.23 billion
Dividend Yield: N/A
EPS: -2.56
P/E Ratio: 8.56
Price Change (1 year): -0.298
Volume: 2,806,489,000
Stock Price: $219.71
52-Week High: $0.00
52-Week Low: $0.315
More about Advanced Micro Devices Inc
Advanced Micro Devices Inc,Advanced Micro Devices, Inc. (AMD) is an American multinational semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets. AMD's main products include microprocessors, motherboard chipsets, embedded processors and graphics processors for servers, workstations, personal computers and embedded system applications.
Industry: MANUFACTURING, SEMICONDUCTORS & RELATED DEVICES
Market Cap: 264.17 Billion
Current Price: 314.35
Dividend Yield: None
P/E Ratio: 0.52
EPS: 14.05
ROE: 0.0377
Volume: 22,680,001,000
52-Week High: 191.88
52-Week Low: 48.69
Price/Book: 0.102
More about Dell Technologies Inc
Dell Technologies Inc. designs, develops, manufactures, markets, sells and supports information technology solutions, products and services worldwide. The company is headquartered in Round Rock, Texas.
Sector: Technology
Industry: Electronic Computers
Market Cap: 86.43B
Current Price: $27.77
Change: $1.48
Change Percentage: 4.36%
52-Week Range: $122.81
RSI (14): 0.0363
Revenue (ttm): 88.42B
EPS (ttm): $124.35
Dividend Yield: 0.909%
Beta (5Y Monthly): -0.109
More about Intel Corporation
Intel Corporation Summary Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, in Silicon Valley. It is the world's largest semiconductor chip manufacturer by revenue, and is the developer of the x86 series of microprocessors, the processors found in most personal computers (PCs).
Industry: Manufacturing, Semiconductors & Related Devices
Market Cap: 154.69 Billion
Current Price: $90.65
Change: 0.74 ( 0.4%)
PE Ratio: 12.94
EPS: $0.0312
Revenue: 54.23 Billion
Net Income: $44.55 Billion
Dividend Yield: -0.717
Beta: 0.097
More about Qualcomm Incorporated
Qualcomm Incorporated Summary Company: Qualcomm Incorporated
Description: Qualcomm is an American multinational corporation headquartered in San Diego, California, and incorporated in Delaware. It creates semiconductors, software, and services related to wireless technology. It owns patents critical to the 5G, 4G, CDMA2000, TD-SCDMA and WCDMA mobile communications standards.
Industry: Manufacturing, Radio & TV Broadcasting & Communications Equipment
Market Cap: 189.59 Billion
Stock Price: $24.05
EPS: $3.15
P/E Ratio: 7.01
52-Week Range: $32.53
Dividend Yield: 0.214%
Revenue: $36.29 Billion
Net Income: $16.86 Billion
Debt to Equity: 0.245
Current Ratio: 0.05
More about Alphabet Inc Class C
Alphabet Inc Class C Summary Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Sector: TECHNOLOGY
Industry: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
Market Cap: $1,928,721,596,000
P/E Ratio: 26.9
Dividend Yield: None
Beta: 0.24
Shares Outstanding: 3,073,939,870
EPS: $163.84
Profit Margin: 0.56
Operating Margin: 0.135
More about Alphabet Inc Class A
Alphabet Inc Class A Summary Alphabet Inc Class A Summary
Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Key Information:
Sector: TECHNOLOGY
Industry: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
Market Cap: 192.87 billion
P/E Ratio: 26.57
Dividend Yield: None
Beta (5Y Monthly): 0.24
Volume: 307,393,987
EPS: 164.74
Forward Dividend & Yield: 0.56, 0.135
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