Feb 19 - Meta Platforms (META, Financial) announced its upcoming developer conference, LlamaCon, scheduled for April 29, 2025, in response to the significant growth of its open-source Llama model. A total of 650 million times the Llama model was downloaded in 2024; meanwhile, Meta AI maintained 600 million users every day during the year. The upcoming LlamaCon event hosted by Meta will feature the company's newest AI tools made for application development of the next generation. The event marks an essential strategic move that seeks to strengthen the developer community engagement amidst growing battles in artificial intelligence territory.
Also, This year's Meta Connect will host the conference between September 17 -18, announcing the news and updates regarding the Meta Horizon platform and other emerging XR tools that Meta is developing. This is an indication that the company is dedicated to introducing unique consumer technologies. The impressive growth metrics are enough for analysts to cheer, but analysts warn that competition in AI and XR sectors is already heating up. Despite this, Meta is in a very good position to take advantage of the unexploited market possibilities and grow further in the long term while taking into account the interests of developers and the use of immersive technologies.
