The artificial intelligence tool uses the fourth iteration of Meta’s Llama model, which Meta has touted as being more cost-efficient than competitors like ChatGPT and Gemini.

Meta Platforms is launching a stand-alone artificial intelligence app and going head-to-head with OpenAI maker ChatGPT.

Meta's new AI app has a public feed where people can choose to publicly share their conversations. Do I really want to see that?

Instagram and Facebook parent Meta Platforms Inc. posted better-than-expected results Wednesday for the first quarter thanks to strong advertising revenue on its social media platforms.

The Nasdaq has continued to rebound and drift higher after the market received favorable quarterly results and guidance from Meta Platforms META and Microsoft MSFT. Reporting after-market hours on Thursday,

Wednesday closed up +0.15%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.35%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.13%. June E-mini S&P futures (ESM25) are up +0.19%, and June E-mini Nasdaq futures (NQM25) are up +0.