Mark Zuckerberg, CEO of Meta, will open the internet giant's Connect developer conference on Wednesday with an emphasis on augmented, mixed, and virtual reality.
The business, which changed its name to Meta two years ago, is anticipated to introduce the Quest 3, the third iteration of its virtual reality headgear, and to talk about Al chatbots and other tools and features meant to retain people on Facebook and Instagram as TikTok competition increases. According to Yoram Wurmser, an analyst with Insider Intelligence, this is still Meta's largest problem.
The main difficulty for the organization, according to him, is to use chatbots, tales, and other techniques to maintain engagement, like Al-driven customization along with comparable techniques.
Since last November, Meta has shed more than 20,000 positions as a result of pressure from a decline in online advertising and unpredictability around the global economy. 2023 has been named by Zuckerberg as the company's "year of efficiency" as it shrinks its employees and concentrates on hiring more technical personnel, such specialists in Al, to concentrate on Meta's long-term goals.
The Llama 2 technology, which Meta launched this summer, is available for free for both study and commercial usage. It is the second iteration of the Al big language model.
Meta has long maintained a sizable research staff of computer scientists committed to expanding Al technology, much like industry rivals Google and Microsoft. However, it has been eclipsed by the drive to cash in on "generative Al" programs that can produce original text, photos, and other types of media when ChatGPT was released.
At the time, Zuckerberg said users could download the company's new Al models directly or via a collaboration that made them accessible on Microsoft's cloud computing platform Azure "along with Microsoft's safety and content tools."
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