Meta is working on cutting-edge AI advancements, a game-changer for the tech world: Reports
Meta platforms is developing a new AI system that will be just as powerful as OpenAI's top line model.
artificial intelligence
Highlights
- Meta is set to launch a highly anticipated AI model
- Meta’s AI initiative and Apple's pursuit of AI intelligence signify the ongoing competition among tech giants to advance AI technologies
- Meta’s forthcoming AI system will be several times more powerful than its current commercial offering
Meta aims to launch a new AI model to surpass its previous offerings, according to several reports. The company is emphasising advancements in areas such as natural language understanding, text generation, or other AI-related tasks.
As per the report, Facebook's parent company is hoping to have a new AI model ready by next year. The said model is expected to be a lot more powerful than the commercial version called Llama 2, which is designed to process public data to make text and code faster and cheaper.
a big day https://t.co/5CTqULsfuT
— Meta (@Meta) July 18, 2023
Meta’s Llama 2 emerges as a contender in AI
Meta has unveiled an open-source AI language model, Llama 2, in an effort to compete with industry leaders such as OpenAI, ChatGPT, and Google's Bard. This development, which was initially announced in July and is available through Microsoft Azure cloud services, is a sign of Meta's ambition to further develop AI capabilities.
A new player in the AI landscape
The release of Llama 2 expands the variety of AI tools and sources available. Up until now, the main players in the NLP (natural language processing) and text generation space have been OpenAI’s ChatGPT, and Google’s Bard.
Now, with Llama 2, developers and businesses have an extra tool to choose from, so they don’t have to rely on just one provider, and they can get different features and prices.
Competition and innovation
Meta's move into AI language models could mean more competition in the market, which means more innovation as tech companies try to come up with the best and most powerful AI models.
Llama 2's features and capabilities could change over time, so it could be a great choice for businesses and developers who want to use AI for different things, like creating content or analysing data.
Implications for the tech industry
Meta and Apple are both working on cutting-edge AI technologies that could revolutionise the tech industry. Meta's AI project and Apple's ambition to be the best in AI are just two examples of the fierce competition among tech giants that could lead to big changes in the AI world.
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