Meta Platforms (NasdaqGS:META) Partners With Groq and Cerebras to Enhance AI Capabilities

Meta Platforms (NasdaqGS:META) experienced a price increase of 11% last week, coinciding with significant developments in its AI ecosystem. The announcement of partnerships with Groq and Cerebras to enhance the Llama API’s inference capabilities likely bolstered investor confidence in the company’s growth prospects. Moreover, the launch of a stand-alone AI app competing with OpenAI’s ChatGPT and others signals the company’s aggressive expansion into AI, potentially driving up its share price…