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Barchart
Patrick Sanders

Meta Platforms Is Considering a Pivot to ‘Closed’ AI Models. What Does That Mean, and Why Don’t META Stock Investors Like It?

Meta

Meta Platforms' (META) stock dipped slightly this week following a report that the company is making a significant pivot in its artificial intelligence strategy.

The report from Bloomberg says that Meta is developing a closed, monetizable AI model with the codename “Avocado” that could incorporate tech from Chinese companies, including Alibaba Group (BABA). 

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