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Happy Friday from the Building Startups Newsletter!While the giants continue to build and release AI models, Meta’s recent splurge on developing AI showed a significant shift in its market value.Before we dive in…We keep hearing the word “parameters” being used to assess AI language models. It’s important you know what it means in case you don’t.Parameters relate to the number of variables a model knows in decision-making from its training datasets. Let’s go!👇🏼Meta’s AI Splurge (and share price fall!)🚨Meta’s CEO Mark Zuckerberg recently stated that the company will continue to heavily invest in AI and turn it into “the leading AI company in the world.”Zuckerberg also did mention that it would be a while before their AI investments reaped increased revenues. Despite the tech giant’s stable earning numbers, the company shares took a hit of nearly 15% on Thursday post this announcement.Only last week Meta had introduced new versions of its AI-powered smart assistant software, which have b...

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Ajay Yadav

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