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Meta's stock jumps into record territory, as earnings blow past expectations
Meta posted a second-quarter profit that beat expectations by a wide margin, and revenue that topped forecasts for a 12th-straight quarter, as active users, ad impressions and ad prices all rose. The company also provided a revenue outlook for the current quarter that was better than forecast.
While framed around safety, it’s hard to believe that the Meta boss isn’t thinking about how the company will make money.
Detailed price information for Meta Platforms Inc (META-Q) from The Globe and Mail including charting and trades.
Meta investors will be scrutinizing CEO Mark Zuckerberg’s AI hiring blitz during the company’s second-quarter earnings on ...
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
If Meta investors had concerns about the company’s huge spending on artificial intelligence infrastructure and talent, ...
Meta’s top executives have reportedly considered “de-investing” in the company’s Llama generative AI, according to a New York Times report on Friday. Instead, the Facebook parent may turn to AI models ...
But Meta also makes the claim that the larger-parameter-count Llama 3 model, Llama 3 70B, is competitive with flagship generative AI models, including Gemini 1.5 Pro, the latest in Google's ...
Meta has largely taken a very cautious approach with AI, but that hasn’t gone over well with the public, with previous versions of Llama criticized as too limited.
Meta tells Fast Company that the Llama 2 models were trained on 40% more tokens (words or word parts) than the original Llama 1 models, and can read and remember far longer prompts—up to 4,000 ...
Believe it or not, Meta's AI investments made a meaningful difference to its advertising business in Q2 — it's just that those models aren't the kind that's got everyone, including the Social Network, ...
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