Re:Meta's open AI hardware vision
by TechDebtDevin on Tuesday October 15, 2024 @03:48PM
(#41852400)
Maybe not "sell" but if you look at my other comment on this post you'll see their valuation has increased 162 billion since they released their first open source model. They definitely are looking to profit, they just take a different approach to monetization. Same thing in my book.
Excellent move to juice the stock price but it’s not profit. I think it’s more a hope for profit one day, a ticket to the game.
So you’re saying Meta stock grew this year because they released an open source LLM?
It's probably part of it oddly enough as investors want to stick money in stocks that can be classified as 'AI'.
Probably LLM backed products. Likely marketing tools if anything.
But not the same way OAI sells LLMs