tiprankstipranks
DeepSeek should drive greater return on Meta spending, says Citi
The Fly

DeepSeek should drive greater return on Meta spending, says Citi

Citi analyst Ronald Josey says the launch of DeepSeek’s open-source R1 model should lead to a faster generative artificial intelligence product cadence delivering greater return on investment. The R1’s open-source approach enables other models – like Llama, Gemini, and OpenAI – to learn from its efficiency gains, the analyst tells investors in a research note. Citi notes R1’s efficiency gains adds to its view that Meta‘s generative AI investments can lead to greater engagement as newer experiences launch across multiple form factors. It keeps a Buy rating on Meta shares with a $753 price target

Discover the Best Stocks and Maximize Your Portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App