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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
TechMeta

Meta’s Mark Zuckerberg goes big in the chatbot wars by creating a team to build A.I.-powered ‘futuristic experiences’

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Alex Barinka
Alex Barinka
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Bloomberg
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Alex Barinka
Alex Barinka
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February 27, 2023, 6:38 PM ET
Meta CEO Mark Zuckerberg.
Meta CEO Mark Zuckerberg. David Paul Morris/Bloomberg via Getty Images
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The chatbot battle is heating up, and Mark Zuckerberg is making it clear that Meta Platforms is focusing on artificial intelligence-powered tools, too.

“We’re creating a new top-level product group at Meta focused on generative AI to turbocharge our work in this area,” Meta Chief Executive Officer Zuckerberg said Monday in a post on Instagram. “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.”

For now, he said, the company is trying to use the technology with text-like chats in Meta’s messaging apps WhatsApp and Messenger, and on visual filters for photos and videos on platforms like Instagram. “We’ll focus on developing AI personas that can help people in a variety of ways,” he added. 

Earlier Monday, social-networking rival Snap Inc. said it’s releasing an AI-enabled chatbot powered by OpenAI’s GPT technology for its subscription members on the Snapchat app. Snap’s news was the latest entry in the race to offer digital tools that can answer users’ questions in natural language format, following similar test releases from internet heavyweights like Microsoft Corp. and Alphabet Inc.’s Google.

The newly formed Meta product group will include dozens of employees from teams that were previously scattered throughout the company. The group will be led by Ahmad Al-Dahle, a machine learning and artificial intelligence executive at Meta, according to a spokesperson. Al-Dahle will report directly to Meta Chief Product Officer Chris Cox, a sign of the social media giant’s intention to further integrate this type of technology across Meta’s range of products. 

Zuckerberg’s latest post echoes comments he made on Meta’s earnings call earlier this month — that the company is focused on infusing AI in messaging, the advertising business and its algorithm that decides what content people see on Facebook and Instagram. “We are focused on efficiency and continuing to streamline the company as we can execute these priorities,” he said at the time, just months after firing 13% of Meta’s workforce.

And last week, the CEO unveiled a large language model called LLaMA, a research tool for building AI-based chatbots and other products. The company plans to make the technology available to AI researchers, a decision that will allow outsiders to see more clearly how the system works, tweak it to their needs and collaborate on related projects.

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