Meta's open-sourcing of Llama for developers will lead to growth in its large language model (LLM) and app usage.
"providing llama free for developers to create that next generation of AI apps that is going to help the llm and its app use grow while we're in this land grab phase of AI development"
Meta's continued high R&D spending for AI and metaverse projects will likely continue to reduce its profits.
"it's still spending more than a quarter of its Revenue to R&D and that's going to likely continue to eat in profits as well as it builds out that Ai and the metaverse projects"