Why Meta Stock Just Popped
Shares of social networking powerhouse Meta Platforms (NASDAQ: META), owner of both Facebook and Instagram, jumped 2.1% through 10:25 a.m. ET Monday -- but for reasons entirely unrelated to social networking.
As The Wall Street Journal reported last night, Meta is developing a new artificial intelligence (AI) system capable of going toe-to-toe with ChatGPT.
Just two months ago, Meta announced an audacious plan to match Google's and Microsoft's work on large language model artificial intelligence systems by making its own "LLaMA 2" AI system available for commercial use -- for free.
Source Fool.com
Meta Platforms Inc. Stock
€459.15
-0.970%
We see a rather positive sentiment for Meta Platforms Inc. with 8 Buy predictions and 2 Sell predictions.
As a result the target price of 515 € shows a slightly positive potential of 12.16% compared to the current price of 459.15 € for Meta Platforms Inc..
