Meta Platforms (META) is actively pursuing partnerships with Google (GOOG) and OpenAI to enhance its AI capabilities across Facebook, Instagram, and WhatsApp. The Information reports that leaders from Meta Superintelligence Labs are in discussions with Google to utilize its Gemini model and are also considering licensing OpenAI’s models for Meta’s chatbot functionalities. While testing external AI models like Anthropic’s Claude for coding assistance, Meta continues to develop its own Llama series, with Llama 5 aimed at rivaling Google’s and OpenAI’s offerings.
To bolster its infrastructure, Meta has signed a $10 billion deal with Google Cloud, showcasing collaboration even among competitors. Facing strong competition from firms like Microsoft, which partners closely with OpenAI, Meta leverages its open-source strategy to stay relevant. Analysts maintain a bullish stance on META stock, projecting an 18.11% upside with a target price of $872.48, indicating potential growth amid evolving market dynamics.
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