Meta Platforms (META) is pursuing strategic partnerships with Google (GOOG) and OpenAI to bolster its artificial intelligence (AI) capabilities. The company is currently testing external AI models while developing its own advanced model, Llama 5, to compete in the evolving AI landscape. These collaborations, primarily focused on enhancing the performance of Meta AI, are viewed as temporary solutions before Llama 5 is fully operational.
Meta’s AI division, Meta Superintelligence Labs, is particularly interested in integrating Google’s Gemini model and OpenAI’s GPT to elevate its chatbot functionalities. The company is also investing heavily in infrastructure, notably a $50 billion data center project in Louisiana, despite associated controversies.
Analysts maintain a bullish sentiment towards Meta’s AI prospects, with a Strong Buy consensus and a price target of $872.48, highlighting its robust financials, including $25.56 billion in operating cash flow. As Meta navigates these developments, its future impact on AI markets remains a focal point.
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