NatalieLopez

 18 Apr 24

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

Disclaimer: The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 26 Dec 24
 26 Dec 24
 26 Dec 24