HomeTechSoftwareMeta’s Higher Valuation Justified “By Increased Conviction on GenAI Prospects”

Meta’s Higher Valuation Justified “By Increased Conviction on GenAI Prospects”

The “llama/Open-Source strategy is well positioned in enterprise,” notes a Raymond James analyst on Meta Platforms (META). Jeff Pierce discusses Meta Platforms’ role in the A.I. race. The analyst highlights that the valuation is justified “by increased conviction on GenAI prospects.”

Next Gen Investing

01 Jul 2024

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