Mark Zuckerberg Just Made 3 Startling AI Predictions. Should You Buy Meta Stock Before They Come True?
You may think of social media when you think of Meta Platforms (NASDAQ: META). After all, the company owns some of the most popular apps in the space, from Facebook and Messenger to WhatsApp and Instagram. But Meta isn't just about social media.The company has made it clear that it aims to win in the high-potential market of artificial intelligence (AI), too. Over the past few years, Meta has increased its spending in the technology and forged ahead with the development of key innovations, such as large language models (LLMs) and AI assistants.Chief Executive Officer Mark Zuckerberg recently said the tech giant would invest as much as $65 billion in AI infrastructure this year and expand its AI teams. This is after already calling AI the key investment area in 2024.Continue reading
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You may think of social media when you think of Meta Platforms (NASDAQ: META). After all, the company owns some of the most popular apps in the space, from Facebook and Messenger to WhatsApp and Instagram. But Meta isn't just about social media.
The company has made it clear that it aims to win in the high-potential market of artificial intelligence (AI), too. Over the past few years, Meta has increased its spending in the technology and forged ahead with the development of key innovations, such as large language models (LLMs) and AI assistants.
Chief Executive Officer Mark Zuckerberg recently said the tech giant would invest as much as $65 billion in AI infrastructure this year and expand its AI teams. This is after already calling AI the key investment area in 2024.