Last year, Meta* Platforms invested heavily in building the metaverse, and the company’s stock lost more than half its value. This year, Meta* CEO Mark Zuckerberg announced the implementation of a new Year of Efficiency strategy designed to reduce the company’s costs. It appears that he is ready to reduce the amount of investment in the metaverse, focusing on the development of products based on artificial intelligence.
In a statement to company employees and the public, Zuckerberg said investment in artificial intelligence is now a top priority. “Our largest investment is advancing artificial intelligence and incorporating it into every one of our products,” the head of Meta* wrote on his blog.
The use of neural networks is nothing new for Meta*. The company has been using recommender mechanisms based on neural networks in its products for a long time. More than a year ago, Meta* announced the creation of a supercomputer based on 16,000 NVIDIA A100 accelerators for data centers. At the same time, Zuckerberg stressed that he does not intend to abandon the creation of the metaverse. “Our core work to build the metaverse and shape the next generation of computing platforms also remains a focus for shaping the future of social connectivity,” the head of Meta* said in a statement.
It looks like Meta* is shifting the focus from standard AI algorithms used to make recommendations based on user preferences to generative neural networks that can create content. We are talking about large language models that are becoming more and more popular. The choice of Meta* is quite logical, especially given the hype that has risen in recent months around the chatbot ChatGPT, which is based on the GPT-4 model from Open AI. Note that Meta* has its own language model called LLaMA, but unlike GPT-4, it is not intended for use in the consumer market.
* Included in the list of public associations and religious organizations in respect of which the court made a final decision to liquidate or ban activities on the grounds provided for by Federal Law No. 114-FZ of July 25, 2002 “On countering extremist activity.”
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