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
€474.90
1.590%
With 12 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 645 € there is a positive potential of 35.82% for Meta Platforms Inc. compared to the current price of 474.9 €.
