Previous close | 52.00 |
Open | 52.25 |
Bid | 53.15 |
Ask | 55.60 |
Strike | 115.00 |
Expiry date | 2025-06-20 |
Day's range | 52.00 - 52.25 |
Contract range | N/A |
Volume | |
Open interest | 288 |
Big Tech earnings are coming up, and Wall Street wants to know how companies are making money on their massive AI investments.
(Bloomberg) -- Facebook parent company Meta Platforms Inc. debuted a new version of its powerful Llama artificial intelligence model, its latest effort to keep pace with similar technology from companies like OpenAI and Alphabet Inc.’s Google. Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackSingapore Loses ‘World’s Best Airport’ Crown to QatarRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingRed Lobster Considers Bankruptcy to Deal
Meta Platforms on Thursday released early versions of its latest large language model, Llama 3, and an image generator that updates pictures in real time while users type prompts, as it races to catch up to generative AI market leader OpenAI. The models will be integrated into virtual assistant Meta AI, which the company is pitching as the most sophisticated of its free-to-use peers. The assistant will be given more prominent billing within Meta's Facebook, Instagram, WhatsApp and Messenger apps as well as a new standalone website that positions it to compete more directly with Microsoft-backed OpenAI's breakout hit ChatGPT.