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Meta’s Bet on Generative AI Is Really a Stepping Stone to the Metaverse

It seems like a decade has passed since Facebook rebranded its corporate entity to Meta Platforms (NASDAQ: META) (it was only in late 2021). Meta was heralding a 3D digital future with sweeping bets on the metaverse. Fast forward just a year and a half, though, and Meta is back pedaling and heralding 2023 as "the year of efficiency," replacing thousands of workers with new AI tools to make its backend processes more profitable again. Read More...

Reuters

China’s Alibaba invites businesses to trial AI chatbot – media

Tech giant Alibaba is seeking companies to test its Tongyi Qianwen AI chatbot, business publication STAR Market Daily reported on Friday, joining the rush to emulate the explosive success of ChatGPT. The free-to-use ChatGPT, a large language model (LLM) application created by Microsoft-backed OpenAI, was released to the public last November and can generate articles and essays on demand in response to user prompts. Alibaba has opened up registration for businesses to conduct testing for its AI application, STAR Market reported without specifying details.

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