Artificial intelligence is central to Meta's vision, with the company releasing the next generation of its AI large language model, Llama 2, over the summer. Despite having a large research team devoted to advancing AI technology, Meta has been overshadowed by the release of ChatGPT, sparking a rush to profit off "generative AI" tools that can create new prose, images, and other media.
Key takeaways:
- Meta CEO Mark Zuckerberg will discuss virtual and augmented reality and artificial intelligence at the Connect developer conference.
- The company is expected to unveil the Quest 3, its next virtual reality headset, and discuss AI chatbots and other tools to keep users engaged on Facebook and Instagram.
- Meta has cut more than 20,000 jobs since last November and is focusing on more technical hires, such as AI experts, for its long-term vision.
- Meta released its next generation AI large language model, Llama 2, over the summer and made it free for research and commercial use.