Nvidia, Meta Platforms boost ongoing AI enthusiasm – Seeking Alpha
Interest in companies involved in artificial intelligence continued to make more headlines this week, with investors keying in especially on chipmaker Nvidia (NASDAQ:NVDA).
No less than Nvidia (NVDA) Chief Executive Jensen Huang weighed in on AI by saying that artificial intelligence is at “an inflection point” and set to be one of Nvidia’s (NVDA) leading sources of revenue and growth in the coming year.
The fact that Huang made his comments during a conference call to discuss Nvidia’s (NVDA) fourth-quarter results and outlook wasn’t lost on Wall Street. Investors sent Nvidia’s (NVDA) shares up by 14% in response to Huang citing generating AI, along with gaming and data center strength as the main drivers of the company’s upbeat performance and outlook.
Facebook parent company Meta Platforms (NASDAQ:META) wasn’t going to let a week go by without making its presence in AI felt. On Friday, Meta (META) unveiled what it called the Large Language Model Meta AI–or, LLaMA, for short….
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source: https://news.oneseocompany.com/2023/02/25/nvidia-meta-platforms-boost-ongoing-ai-enthusiasm-seeking-alpha_2023022541153.html
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