Llama has seen adoption as the building block of internal AI models for AT&T, Goldman Sachs, and Shopify. From January 2024 to July, Llama usage grew tenfold, which demonstrates rapid adoption.

Looser regulatory restrictions and an increased focus on AI from the incoming presidential administration could be a boon to leaders in the space.

Detailed price information for Meta Platforms Inc (META-Q) from The Globe and Mail including charting and trades.

But one stock that's been holding up quite well is artificial intelligence (AI) giant and "Magnificent Seven" member Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG). Following an impressive earnings report on Oct. 29, shares of Alphabet popped as much as 10%.