6,575
edits
Meta Platforms: Difference between revisions
→Product & Usage
| Line 41: | Line 41: | ||
== Product & Usage == | == Product & Usage == | ||
On February 24 2022, Mark Zuckerberg announced that Meta is launching its own AI model called Llama ( "Large Language Model Meta AI). Llama is intended to assist engineers and scientists with exploration of applications for AI such as summarizing documents and answering questions. Unlike Chat-GPT 3 which has 175 billion parameters, Llama has 7 billion to 65 billion parameters, hence it is likely to be less costly to operate. Additionaly, unlike Google's LaMDA and OpenAI’s ChatGPT models which aren't public, Llama's model will be made open to the research public.<ref>https://www.cnbc.com/2023/02/24/mark-zuckerberg-announces-meta-llama-large-language-model.html</ref> | |||
On 22 February 2022, Bank of America(BoFA) analysts said in a research note that Meta Verified might end up being attractive to content creators, businesses and influencers. The analysts believe that the subscription service could achieve 12 million subscribers by 2024, helping Meta score $1.7 billion “in high-margin revenue in 2024.” The note added that the subscription service could outperform that of Meta's peers considering its broader audience and larger revenue opportunity.<ref>https://www.cnbc.com/2023/02/21/meta-subscription-service-could-have-12-million-subs-by-2024-bofa.html</ref> | On 22 February 2022, Bank of America(BoFA) analysts said in a research note that Meta Verified might end up being attractive to content creators, businesses and influencers. The analysts believe that the subscription service could achieve 12 million subscribers by 2024, helping Meta score $1.7 billion “in high-margin revenue in 2024.” The note added that the subscription service could outperform that of Meta's peers considering its broader audience and larger revenue opportunity.<ref>https://www.cnbc.com/2023/02/21/meta-subscription-service-could-have-12-million-subs-by-2024-bofa.html</ref> | ||