Meta Platforms, also known as META.O, is actively developing a cutting-edge artificial intelligence system, according to a report by the Wall Street Journal, citing sources familiar with the matter. The company, which is the parent organization of Facebook, has set its sights on creating an AI model that rivals the most advanced offering from OpenAI. The objective is to have this innovative AI model ready for deployment next year. Remarkably, this upcoming model is anticipated to be significantly more powerful than Meta's existing commercial version, known as Llama 2.
Llama 2, introduced by Meta in July, serves as an open-source AI language model, distributed through Microsoft's Azure cloud services. It's a strategic move by Meta to compete directly with OpenAI's ChatGPT and Google's Bard in the rapidly evolving AI landscape. While the specifics of the planned system are subject to potential changes, its primary purpose is clear: to enable other companies to develop services capable of generating advanced text, insightful analyses, and other high-quality outputs, as detailed in the newspaper report.
The ambitious timeline outlined by Meta suggests that they intend to commence training this new AI system, categorized as a large language model, in early 2024. This signals Meta's commitment to advancing AI capabilities and expanding its influence in the AI ecosystem. However, it's important to note that Meta has not yet responded to a Reuters request for comments, leaving room for further details and developments to emerge in the near future.
The generative AI market has witnessed a surge in interest from businesses and enterprises since the launch of OpenAI's ChatGPT in late 2022. These entities are flocking to this nascent field to harness the potential of AI for enhancing their operations and refining various business processes.
As Meta's new AI model is poised to be even more powerful than its predecessors, it could catalyze further advancements and innovations in the AI-driven business landscape, offering new opportunities and solutions for organizations seeking to leverage AI technologies