On Monday, Mark Zuckerberg, Chief Executive Officer of Meta Platforms Inc (META.O), announced that the company will soon be forming a new top-level product group that will be focused on generative artificial intelligence (AI). This announcement comes at a time when huge technology companies are ramping up their competition with one another to create artificial intelligence.
Several AI-related topics have been appearing in the media ever since the debut of AI-powered ChatGPT. In order to maintain their position at the head of the pack, nearly all companies are now entering this field.
In the IT industry, which has been struggling with sluggish growth, AI has become an intriguing field for financial investments.
Mark Zuckerberg took to his Instagram, announced the formation of the new team, and explained that the company would begin by “pulling together a lot of the teams working on generative AI across the company into one group focused on building delightful experiences around this technology.” Further, he added, “We’re starting by pulling together a lot of the teams working on generative AI across the company. Over the longer term, we’ll focus on developing AI personas that can help people in a variety of different ways.
“For now,” he continued, “we’re exploring experiences with text (chat in WhatsApp and Messenger), with images (creative Instagram filters and ad formats), and with video and multi-modal experiences.”
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A spokesman for the company stated that Ahmad Al-Dahle would serve as the leader of the new product team. This team will report to Chris Cox, who is Meta’s chief product officer.
According to the spokesman for Meta, this will make it possible for Meta to apply the findings of the AI research team to Meta’s products in a more expedient manner.
Meanwhile, a week ago, Meta, the parent company of Facebook, made an announcement that it will be releasing a new large language model under the name LLaMA. This model would serve as the foundational software for a brand-new artificial intelligence system. The company committed to making the software available to academia, civil society, researchers and entities affiliated with the government under a non-commercial license.