Meta Inc, the owner of Facebook is the latest of the 'magnificent seven' Apple, Microsoft, Alphabet, Amazon, Meta, NVIDIA and Tesla to enter the artificial intelligence, AI 'wars' or stiff competition to put it mildly.
Artificial intelligence, AI is perceived by many Wall Street analysts, technologists and mathematicians as the next technology and thus investment frontier. Artificial intelligence, AI is quoted by many as the proverbial fourth industrial revolution.
Meta, Facebook's owner has come out with its own open source LLAMA Large Language Model, which is to rival OpenAI's ChatGPT.
Meta's focus on open source is a strategic advantage in the artificial intelligence, AI competition, according to Wolfteam Ltd.'s corporate view.
Python, Mozilla Firefox browser, Android, TensorFlow, R, JAVA are just some of the hugely successful open source projects the world is enjoying. Angular by Alphabet, Google's owner and ReactJS are two front end JavaScript development libraries, which are contributing immensely to the software development community and the society at large.
By open sourcing its LLAMA artificial intelligence, AI model, Meta, Facebook's owner is gaining a strategic advantage in the artificial intelligence, AI.
Meta, via mainly Facebook, but also with Instagram, WhatsApp, Messenger and its other properties possesses huge treasure trove of information about its users, possibly second only to Alphabet's Google information stack, which gives it a huge advantage in the artificial intelligence, AI.
Based on the information it possesses and open sourcing its artificial intelligence, AI models, Meta, Facebook's owner could end up with intrinsic value of 2.7 trillion USD in the next 12 years.
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