Meta Platforms Introduces AI-Powered Coding Tool to Compete with OpenAI
When OpenAI first introduced ChatGPT and showcased its capabilities in artificial intelligence, it enjoyed a dominant position in the field. It gained significant attention and seemed to have gained an advantage over its competitors. However, that advantage has diminished over time as major technology companies have started to capture its market share by introducing their own competing tools, which have been highly successful. The most recent example of this is Meta Platforms.
Meta has released a coding tool today that would not only take on the much smaller Microsoft-backed OpenAI, but even the giant Alphabet’s Google.
In a blog post, Meta said its new Meta AI tool is called Code Llama and uses generative artificial intelligence to help developers work faster by suggesting lines of software code. The model is open source and available for commercial use. This means other companies can use the technology to build their tools.
As a strategic move, Meta has released open-source versions of AI technology offered by its competitors, and by offering its AI chatbot technology to the public, it allows some companies to build chatbots without paying for software from OpenAI, Google or Microsoft. .
Similarly, Code Llama makes it easier for businesses to build AI coding tools without buying those products from competitors, such as Microsoft’s GitHub Copilot, which runs on OpenAI, Bloomberg reported. Code Llama is free for most users, but Meta charges some large companies to access the software, the company said.
Meta has invested heavily in generative artificial intelligence technologies. The company formed a new product group dedicated exclusively to generative AI, and CEO Mark Zuckerberg has talked about adding AI to all of Meta’s products. Internally, Meta encourages its employees to use its AI-powered chatbot called Metamate, and the company is expected to release the chatbot to the public in the coming weeks.
In fact, with Meta’s deep pockets, it’s going to be difficult for OpenAI unless Microsoft commits a large amount of funds to fight back.