Meta Platforms Stock Dips on AI Model Worries. Time to Buy?

Shares of Meta Platforms (NASDAQ: META) took a hit this week following reports that the social media giant is delaying the rollout of its newest custom artificial intelligence (AI) model.According to The New York Times, the model -- code-named Avocado -- fell short of internal benchmarks when compared to leading models from rivals like Alphabet and OpenAI. The company is even reportedly considering temporarily licensing Alphabet's Gemini model to power its AI products in the meantime to bridge the performance gap.For a stock that has commanded a premium valuation largely due to its perceived leadership in the AI race, the headline naturally spooked some investors.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool