Meta is developing a new, more powerful AI system, Wall Street Journal reports
Sep 11, 2023 - businesstoday.in
Meta Platforms, the parent company of Facebook, is developing a new artificial intelligence (AI) system that is expected to be several times more powerful than its current commercial version, Llama 2. The new AI model, which is aimed to be ready by next year, is intended to rival the advanced models offered by OpenAI. The system will assist other companies in building services that generate sophisticated text, analysis, and other outputs. Training for the new AI system is expected to commence in early 2024.
The AI market has seen a surge in interest from businesses and enterprises seeking to refine their processes and capabilities since the launch of OpenAI's ChatGPT last year. Apple is also reportedly developing AI offerings similar to OpenAI's ChatGPT and Google's Bard, having built its own framework, 'Ajax', and is testing a chatbot referred to as 'Apple GPT'.
Key takeaways:
Meta Platforms is developing a new AI system that is expected to be several times more powerful than its current commercial version, Llama 2.
The new AI model is planned to be ready by next year, with training expected to start in early 2024.
The new system will help other companies build services that produce sophisticated text, analysis, and other outputs.
Apple is also developing AI offerings similar to OpenAI's ChatGPT and Google's Bard, and has built its own framework, 'Ajax', for creating large language models.
