Meta, the parent company of Facebook and other platforms, is diving headfirst into the world of artificial intelligence (AI) as it announces significant plans to create a powerful AI chatbot that can compete with OpenAI's impressive models.

Meta's journey into the AI arena gained momentum earlier this year when the company unveiled its AI-powered advertising tool for generating content, known as the AI Sandbox. Then came its AI model Llama 2, with 65 billion parameters. representing a smaller, foundational model suitable for AI research and testing novel approaches.

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