Meta reportedly building new AI model to compete against OpenAI’s ChatGPT

Meta, formerly Facebook, is developing a new artificial intelligence (AI) model to compete with OpenAI, the Wall Street Journal said on Sept. 10.

According to that report, Meta intends for its new AI model to be several times more powerful than its current model, Llama 2. The company also expects that the new model will have similar capabilities to GPT-4, OpenAI’s competing model.