Meta rolls out new language model amid Big Tech’s AI push

Meta Platforms Inc is releasing a brand new massive language mannequin primarily based on synthetic intelligence (AI) aimed on the analysis neighborhood, chief govt officer Mark Zuckerberg mentioned in a Facebook publish on Friday, changing into the most recent firm to affix the AI race.

The battle to dominate the AI expertise house, which till lately existed extra within the background, kicked off late final yr with the launch of Microsoft-backed OpenAI’s ChatGPT prompted tech heavyweights from Alphabet Inc to China’s Baidu Inc to create their very own choices.

Large language fashions have proven promise in producing textual content and conversations, summarizing written materials, and in performing sophisticated duties like fixing math theorems or predicting protein buildings, Zuckerberg mentioned.

Meta will make its mannequin obtainable to the AI analysis neighborhood, he added.

AI has emerged as a vivid spot for investments within the tech business, whose slowing progress has led to widespread layoffs and a cutback on experimental bets.

Meta layoffs

Facebook-parent Meta Platforms is planning a recent spherical of layoffs in a reorganisation and downsizing effort that would have an effect on hundreds of employees, the Washington Post reported on Wednesday.Last yr, the social media large mentioned it would let go of 13% of its workforce, or greater than 11,000 staff, because it grappled with hovering prices and a weak promoting market.

Meta plans to push some leaders into lower-level roles with out direct stories, flattening the layers of administration between prime boss Mark Zuckerberg and the corporate’s interns, the Washington Post reported, citing an individual acquainted with the matter.

Other managers might find yourself overseeing the next variety of staff as their groups develop larger.

The firm can also be contemplating extra conventional cuts, together with slashing some initiatives and jobs. These efforts, that are focused at divisions throughout the corporate and all over the world, might not occur on a single day, however will possible roll out throughout the corporate within the coming months, the Washington Post report added.

Meta’s business, which depends on promoting, has been hit notably laborious by a gradual stream of financial challenges.

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