close
close

Metas Lama Ai meets 1b Downloads-Aber the shares still foil

The shares of META platforms (Nasdaq: Meta) decreased by 3.58% to $ 583.24 on Tuesday from 3:30 p.m. ET, even when the company celebrated a large AI milestone of 1 billion downloads of its LAMA -KI models.

In a blog post, Meta Lamas had an impact on industries, startups and universities to large technology companies and researchers. The company has credited its open source approach and described Lama transparently, customizable and secure, which makes it a popular choice for innovation.

The latest model from Meta, Lama 3.3, which started in December, and Lama 4 is already in the works. CEO Mark Zuckerberg said that the new version was being trained at over 100,000 NVIDIA (NASDAQ: NVDA) H100 GPUS, making it one of the largest AI projects so far.

Despite the AI ​​dynamics, the investors were not convinced and sent Meta's shares at the meeting on Tuesday.

This article first appeared on Gurufocus.