Latest news with #SpaceLlama
Yahoo
28-04-2025
- Business
- Yahoo
Meta Platforms (NasdaqGS:META) Collaborates With Booz Allen To Pioneer AI-Powered Space Tech
Meta Platforms experienced a notable price move of 9%, significantly outpacing the broader market's 5% gain over the same period. This upward momentum coincides with their collaboration with Booz Allen Hamilton on the Space Llama AI tech stack, an initiative that underscores Meta's capability in advancing AI technology for both space operations and terrestrial industries. The innovative characteristics of Space Llama, especially its application in space missions, may have bolstered investor confidence, adding weight to the broader positive market trends. As the market sees continued recovery, Meta's developments highlight its potential contribution to technological advancements. Every company has risks, and we've spotted 1 weakness for Meta Platforms you should know about. This technology could replace computers: discover the 21 stocks are working to make quantum computing a reality. The recent collaboration between Meta Platforms and Booz Allen Hamilton on the Space Llama AI tech stack signifies a critical advancement in AI applications, which is pivotal given the company's strategic focus on AI-driven growth. This initiative could potentially enhance Meta's capability to drive long-term user engagement and advertising revenue, aligning with its broader AI investment narrative. Over the past three years, Meta's shares delivered a total return of 174.28%, indicating significant growth and reflecting positively on its capacity to leverage technology for market expansion. In comparison, Meta's shares exceeded the Interactive Media and Services industry, which saw lower growth over the past year. In terms of financial forecasts, the partnership could potentially influence revenue and earnings by introducing new use cases for AI, paving the way for further monetization opportunities. This aligns with analysts' expectations of substantial growth in revenue, anticipating a rise from the current $164.50 billion. While the current share price stands at US$500.28, the consensus analyst price target is US$722.91, suggesting a potential upside of over 30%. The price movement in response to the Space Llama venture may be seen as a positive signal by investors, likely contributing to a stronger outlook on future performance. Click to explore a detailed breakdown of our findings in Meta Platforms' financial health report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:META. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
26-04-2025
- Business
- Yahoo
Meta Platforms (NasdaqGS:META) Collaborates With Booz Allen To Pioneer AI-Powered Space Tech
Meta Platforms experienced a notable price move of 9%, significantly outpacing the broader market's 5% gain over the same period. This upward momentum coincides with their collaboration with Booz Allen Hamilton on the Space Llama AI tech stack, an initiative that underscores Meta's capability in advancing AI technology for both space operations and terrestrial industries. The innovative characteristics of Space Llama, especially its application in space missions, may have bolstered investor confidence, adding weight to the broader positive market trends. As the market sees continued recovery, Meta's developments highlight its potential contribution to technological advancements. Every company has risks, and we've spotted 1 weakness for Meta Platforms you should know about. This technology could replace computers: discover the 21 stocks are working to make quantum computing a reality. The recent collaboration between Meta Platforms and Booz Allen Hamilton on the Space Llama AI tech stack signifies a critical advancement in AI applications, which is pivotal given the company's strategic focus on AI-driven growth. This initiative could potentially enhance Meta's capability to drive long-term user engagement and advertising revenue, aligning with its broader AI investment narrative. Over the past three years, Meta's shares delivered a total return of 174.28%, indicating significant growth and reflecting positively on its capacity to leverage technology for market expansion. In comparison, Meta's shares exceeded the Interactive Media and Services industry, which saw lower growth over the past year. In terms of financial forecasts, the partnership could potentially influence revenue and earnings by introducing new use cases for AI, paving the way for further monetization opportunities. This aligns with analysts' expectations of substantial growth in revenue, anticipating a rise from the current $164.50 billion. While the current share price stands at US$500.28, the consensus analyst price target is US$722.91, suggesting a potential upside of over 30%. The price movement in response to the Space Llama venture may be seen as a positive signal by investors, likely contributing to a stronger outlook on future performance. Click to explore a detailed breakdown of our findings in Meta Platforms' financial health report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:META. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
CNBC
25-04-2025
- Science
- CNBC
Meta and Booz Allen partner on 'Space Llama' AI program with Nvidia and HPE
On Friday, Meta and Booz Allen Hamilton launched "Space Llama." Llama, Meta's open-source artificial intelligence model, will help astronauts in low orbit at the International Space Station's National Laboratory with research. "We see a future where open source AI models like Llama will play a vital role in fueling space exploration and research – enabling astronauts to undertake the next level of experimentation to solve complex scientific problems and drive innovation in entirely new ways," Ahmad Al-Dahle, Meta VP and head of generative AI, said in a release. The announcement builds on Booz Allen Hamilton's ISS addition in August, when it deployed the first known large language model in space, per the company. Less than a year later, it is adding a tech stack with Meta's "fine-tuned" Llama 3.2, powered by Hewlett Packard Enterprise's Spaceborne Computer-2 and Nvidia graphics processing units, or GPUs. The companies billed the new tech stack as "Space Llama" and are using it as an example of how large language models work in environments "denied, disrupted, intermittent, and limited bandwidth," per a release. The project is looking to lower costs, reduce computing power and have faster outcomes for responding to maintenance issues or "onboard anomalies," without having to rely on Earth-bound internet. Space Llama will help astronauts replace paper documents and reduce reliance on instructions from the ground, according to the release.
Business Wire
25-04-2025
- Business
- Business Wire
Booz Allen and Meta Successfully Demonstrate AI Vision Language Model for Space
MCLEAN, Va. & MENLO PARK, Calif.--(BUSINESS WIRE)--Booz Allen Hamilton (NYSE: BAH) and Meta today announced the development and successful demonstration of a novel AI-powered tech stack, accelerated by NVIDIA CUDA GPUs, to support critical work on the International Space Station (ISS) National Lab. This effort is believed to be the first of its kind, setting the stage for space exploration and operations across a variety of disconnected environments. The goal in building the tech stack – dubbed 'Space Llama' – is to not only replace paper documents onboard the ISS National Lab, but also decrease reliance on instructions received from the ground while deployed at the edge. The result will be lower costs, less computing power required, and faster outcomes when responding to onboard anomalies or maintenance issues, without depending on Earth-bound internet. Space Llama evolves and builds upon successful efforts by Booz Allen to deploy and operate the first known large language model (LLM) in space. This moment sees the new addition of a fine-tuned version of Meta's Llama vision AI capabilities (recently made available to US government agencies and private sector partners) to help process and interpret images and text at the farthest reaches of space. This allows users to quickly and reliably access essential technical references, manuals, and instructions leveraging the power of generative and vision AI to address on-board issues at speed. 'In the power and communications constrained environment of space, the ability to quickly assess, research and solve on-board issues is paramount,' said Bill Vass, chief technology officer at Booz Allen 'This proof of concept overcomes the historical limitations of low-power, low-capability space-based computing by enabling simple, power-efficient AI use in space without relying on Earth network connectivity. We're thrilled and honored to steward with Meta this space-based multi-modal vision language model to achieve critical mission success and redefine how we work in space and at the deepest mission edges.' The Space Llama tech stack, undertaken as internal research and development, is comprised of Booz Allen's modular open architecture platform A2E2™ (AI for Edge Environments) and a fine-tuned version of Meta's Llama 3.2, using Hewlett Packard Enterprise's (HPE) Spaceborne Computer-2 and NVIDIA CUDA software. The result: a compact, energy-efficient system similar to those used in satellites that can be deployed locally on the ISS National Lab without requiring power, communication or computation from Earth. This design – open architecture to ensure flexibility in our solution design, now and in the future – results in lower costs and strong technical performance, in addition to enabling predictive maintenance and faster repairs, freeing up users to do mission critical work. 'This is just the beginning. We see a future where open source AI models like Llama will play a vital role in fueling space exploration and research – enabling astronauts to undertake the next level of experimentation to solve complex scientific problems and drive innovation in entirely new ways," said Ahmad Al-Dahle, Meta VP and Head of GenAI. Space Llama demonstrates the art of the possible in terms of AI's impact at the deepest edge of space, in addition to the versatility of LLM-based technology across a variety of environments with denied, disrupted, intermittent, and limited bandwidth. In addition to fostering greater scientific research and discovery in space, this innovation could also result in positive outcomes for industries including oil and gas, autonomy, government, energy, and the re-use of legacy technology through edge software modifications. 'This is a critical step for lunar and Mars exploration and enables modern satellite and drone capabilities as the U.S. proliferates space and air with autonomous systems,' said Michael Johnston, senior vice president of space programs at Booz Allen. 'Building this tech stack with Meta, supported by NVIDIA, furthers each of our advanced technology goals, and more importantly, sets the stage for what is possible at the edge.' Booz Allen has served for more than 60 years as a space program partner for defense, intelligence, and civil agencies across the federal government. As an advanced technology company and as the leading provider of AI and cybersecurity to the federal government, Booz Allen is uniquely positioned to field emerging capabilities to support the broader national security ecosystem. Booz Allen is committed to advancing the future of space technology by bridging the gap between commercial innovation and government missions. Read more about Booz Allen's space capabilities and impact. About Booz Allen Hamilton Booz Allen is the advanced technology company delivering outcomes with speed for America's most critical defense, civil, and national security priorities. We build technology solutions using AI, cyber, and other cutting- edge technologies to advance and protect the nation and its citizens. By focusing on outcomes, we enable our people, clients, and their missions to succeed—accelerating the nation to realize our purpose: Empower People to Change the World®. With global headquarters in McLean, Virginia, our firm employs approximately 35,900 people globally as of December 31, 2024, and had revenue of $10.7 billion for the 12 months ended March 31, 2024. To learn more, visit (NYSE: BAH) Forward-Looking Statements Certain statements contained in this release include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include statements that do not directly relate to any historical or current fact. In some cases, you can identify forward-looking statements by terminology such as 'may,' 'will,' 'could,' 'should,' 'forecasts,' 'expects,' 'intends,' 'plans,' 'anticipates,' 'projects,' 'outlook,' 'believes,' 'estimates,' 'predicts,' 'potential,' 'continue,' 'preliminary,' or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we can give you no assurance these expectations will prove to have been correct. These forward-looking statements relate to future events or future financial performance and involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in or implied by these forward-looking statements, including those factors discussed in Booz Allen's filings with the Securities and Exchange Commission (SEC), including Booz Allen's Annual Report on Form 10-K for the fiscal year ended March 31, 2024 and other filings and reports that may be filed from time to time with the SEC, which can be found at the SEC's website at All forward-looking statements attributable to Booz Allen or persons acting on Booz Allen's behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. BAHPR-CO
