3.8 • 950 Ratings
🗓️ 9 December 2025
⏱️ 5 minutes
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action, news, and analysis. |
| 0:09.8 | Good afternoon. Today is Tuesday, December 9th, and I'm your host, Kim Con. |
| 0:14.3 | Our top story so far, it looks like the time is ripe for avocado. |
| 0:18.4 | Meta Platforms is preparing to launch a new large-language model in early |
| 0:21.8 | 2026 as it ramps up competition with Google, OpenAI, and Anthropic. |
| 0:26.9 | That's according to CNBC. |
| 0:28.7 | The model, codenamed avocado, is viewed internally as the successor to Lama. |
| 0:32.9 | Unlike Lama, which meta-open-sourced, avocado is expected to be proprietary, |
| 0:38.2 | making a significant strategic shift after months of internal debate |
| 0:41.6 | over whether Lama was falling behind rival systems. |
| 0:44.7 | Back in June, met executives, including CEO Mark Zuckerberg, |
| 0:48.4 | discussed de-investing in Lama in favor of more advanced external models. |
| 0:52.8 | Two months later, the company reorganized its AI division to speed product development |
| 0:56.6 | and better position itself in the generative AI race. |
| 1:00.3 | Meta has also been expanding its AI bench. |
| 1:02.6 | This summer, it paid nearly $15 billion for stake in scale AI and named CEO Alexander Wong |
| 1:07.9 | as Meta's chief AI officer. |
| 1:10.2 | Also in the AI space, OpenAI's chat |
| 1:12.7 | GPT continues to reach new milestones with a number of weekly active users reaching 900 million, |
| 1:18.0 | which represents an increase of 100 million in less than two months, according to the |
| 1:21.8 | information. Among active stocks, Home Depot is under pressure after issuing preliminary |
| 1:26.6 | 2026 outlook that |
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