Mark Zuckerberg's Meta Plans To Take On OpenAI With GPT-4 Challenger: Report
Portfolio Pulse from Ananya Gairola
Meta Platforms Inc. (NASDAQ:META) is reportedly developing a new artificial intelligence system to compete with OpenAI. The new system, a GPT-4 challenger, aims to surpass Meta's Llama 2 in capacity and capability. The company plans to train the new model using its proprietary infrastructure and make it freely accessible to companies. Other tech giants like Apple Inc. (NASDAQ:AAPL) and Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL) are also exploring similar AI offerings.

September 11, 2023 | 7:39 am
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POSITIVE IMPACT
Apple Inc. is reportedly exploring AI offerings similar to ChatGPT and Bard, developing its own framework known as 'Ajax'.
Apple's exploration into AI offerings could potentially increase its competitiveness in the AI landscape. This could have a positive impact on the company's stock in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
Meta Platforms is developing a new AI system, a GPT-4 challenger, to compete with OpenAI. The system aims to surpass Meta's Llama 2 and will be freely accessible to companies.
The development of a new AI system by Meta Platforms could potentially increase its competitiveness in the AI landscape. This could have a positive impact on the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Alphabet Inc. has developed Google Bard, an AI offering similar to ChatGPT.
The news does not provide new information about Alphabet's AI offerings. Therefore, it is unlikely to have a significant impact on the company's stock in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Microsoft Corporation collaborated with Meta to offer Llama 2 on Azure.
The news does not provide new information about Microsoft's collaboration with Meta. Therefore, it is unlikely to have a significant impact on the company's stock in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50