![]() ![]() Last week, the social media giant announced its own new large language model, LLaMA, stating that its models are different to its rivals because they openly available to researchers and that they are smaller and less expensive to use than larger models. “We have a lot of foundational work to do before getting to the really futuristic experiences, but I’m excited about all of the new things we’ll build along the way.” “We’re exploring experiences with text (like chat in WhatsApp and Messenger), with images (like creative Instagram filters and ad formats), and with video and multi-modal experiences,” he said. Zuckerberg said the new team would build “creative and expressive” tools to be used inside Meta’s products. The new group will be organized under current Chief Product Officer Chris Cox. Subscribe to Charged Retail for freeĬlick here to get the latest retail tech news free in your inbox each day Zuckerberg Tells Staff to Focus on Video Products as Meta’s Stock Plunges (Bloomberg) - Mark Zuckerberg quipped that if he started to cry, it wasn’t because of the day’s news.Most Read from. ![]() Meta founder Mark Zuckerberg said the unit will combine several teams across the company, he wrote in a Facebook post. In June 2021, a judge dismissed antitrust cases brought by. It comes after a wave of tech firms including Microsoft and JD.com moved to edge into the space after OpenAI released ChatGPT to much acclaim. Facebook changed its name to Meta in November 2021 to shift the companys focus to the metaverse. Generative AI tools allow computers to write copy and create other media that resembles a human. ![]() Shares of Meta Platforms closed down 0.5% on Monday.Meta is creating a new product team to focus on generative AI similar to that of OpenAI’s ChatGPT and Google Bard. Last week, Facebook-parent Meta said it was releasing a new large language model LLaMA, the core software of a new AI system, which would be available under non-commercial license to researchers and entities affiliated with government, civil society and academia. The public battle to dominate the AI technology space kicked off late last year with the launch of Microsoft-backed (MSFT.O) OpenAI's ChatGPT, which has since prompted tech heavyweights from Alphabet Inc (GOOGL.O) to China's Baidu Inc (9888.HK), to announce their own offerings. This will enable Meta to more rapidly implement the AI research team's findings in Meta's products, the spokesperson said. "Over the longer term, we'll focus on developing AI personas that can help people in a variety of ways," Zuckerberg said, but for now "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."Īhmad Al-Dahle will lead the new product team, which will report to Chris Cox, Meta's chief product officer, a company spokesperson confirmed. ![]() "We're starting 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," Zuckerberg said in an Instagram post. Feb 27 (Reuters) - Meta Platforms Inc (META.O) is creating a new top-level product group focused on generative artificial intelligence (AI), Chief Executive Mark Zuckerberg said on Monday, as the AI race among Big Tech firms heats up.ĪI has emerged as a bright spot for investments in the tech industry, which has been struggling with slowing growth, and has cut thousands of jobs, as well as dialed down on experimental bets to beat the downturn. ![]()
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