Meta Joins AI Chatbot Race Launching Team to Rival ChatGPT

In Brief

• Meta is working on its own AI-powered chatbot.
• The revelation comes as the tech industry scrambles to release a chatbot, in what is becoming an arms race among major tech companies.
• Meta is shifting its attention away from the metaverse, as it focuses on 'efficiency' in 2023.

Meta CEO Mark Zuckerberg revealed that the company would work on a new AI-powered chatbot. Other companies in tech are doing the same, set off the by the success of OpenAI’s ChatGPTWhat is ChatGPT really? A breakthrough AI technology with far-reaching impact, or hype that will slowly dissipate as initial curiosity fades? This detailed ChatGPT review gives you a 360-degree view of the underlying technology powering ChatGBT and its use cases....Know more.

Meta CEO Mark Zuckerberg has revealed that the tech giant will dedicate resources to creating its own chatbot. The reveal comes at a time when OpenAI’s chatbot ChatGPT has taken over the world, sparking an arms race of sorts in the tech world. Microsoft has already begun integrating ChatGPT into its products, including the browser Bing.

Zuckerberg announced the effort through a Facebook post made on Feb. 27. He showed offered little in terms of specific information, instead just that the focus would include AI personas,“We’re creating a new top-level product group at Meta focused on generative AI to turbocharge our work in this area. We have a lot of foundational work to do before getting to the really futuristic experiences, but I’m excited about all the new things we’ll build along the way. We’ll focus on developing AI personas that can help people in a variety of ways.”

Meta now joins a list of other companies doing the same. Besides ChatGPT and Microsoft, Google has also released its own bot called Bard. Snapchat also revealed its own chatbot plans on Monday, which ChatGPT will power.

Many Tech Giants Working on ChatGPT Rival
That craze for ChatGPT has taken over the world and captured the imagination of users. Users have shown enthusiasm for the service, from creating novels to solving coding issues.

This has led to many tech companies releasing their own AI-powered chatbot, which could challenge Google’s supremacy on the internet for the time being. Both Elon Musk and Tencent have announced their own intentions. Musk reportedly approached AI researchers recently with the purpose of creating a new research lab.

Meta Puts Metaverse on the Backburner
Meta has steadily shifted its focus from pure social media to the metaverse over the past 18 or so months. However, it has paid the price for this shift, with several disappointing quarterly results. Now, it appears to have turned its attention to AI and keeping revenues and results on track.

2023 is a “year of efficiency” for Meta, which some have interpreted to mean a year of layoffs. The tech industry is having a tough time at the moment, but perhaps Meta could successfully steer itself back on course.

Disclaimer
BeInCrypto has reached out to company or individual involved in the story to get an official statement about the recent developments, but it has yet to hear back.