Meta Platforms, also known as META.O, is actively developing a cutting-edgeartificial intelligence system, according to a report by the Wall StreetJournal, citing sources familiar with the matter. The company, which is theparent organization of Facebook, has set its sights on creating an AI modelthat rivals the most advanced offering from OpenAI. The objective is tohave this innovative AI model ready for deployment next year. Remarkably,this upcoming model is anticipated to be significantly more powerful thanMeta’s existing commercial version, known as Llama 2.
Llama 2, introduced by Meta in July, serves as an open-source AI languagemodel, distributed through Microsoft’s Azure cloud services. It’s astrategic move by Meta to compete directly with OpenAI’s ChatGPT andGoogle’s Bard in the rapidly evolving AI landscape. While the specifics ofthe planned system are subject to potential changes, its primary purpose isclear: to enable other companies to develop services capable of generatingadvanced text, insightful analyses, and other high-quality outputs, asdetailed in the newspaper report.
The ambitious timeline outlined by Meta suggests that they intend tocommence training this new AI system, categorized as a large languagemodel, in early 2024. This signals Meta’s commitment to advancing AIcapabilities and expanding its influence in the AI ecosystem. However, it’simportant to note that Meta has not yet responded to a Reuters request forcomments, leaving room for further details and developments to emerge inthe near future.
The generative AI market has witnessed a surge in interest from businessesand enterprises since the launch of OpenAI’s ChatGPT in late 2022. Theseentities are flocking to this nascent field to harness the potential of AIfor enhancing their operations and refining various business processes.
Read Top Stories
As Meta’s new AI model is poised to be even more powerful than itspredecessors, it could catalyze further advancements and innovations in theAI-driven business landscape, offering new opportunities and solutions fororganizations seeking to leverage AI technologies
