Zuckerberg And Musk To Enter The AI Ring And Challenge OpenAI, Microsoft And Google

As its latest bold move, Meta Platforms META announced it will be launching a commercial version of its open source AI mode, LLaMA, promising the transform the AI landscape and challenge the dominance of powerhouses, OpenAI, Microsoft Corporation MSFT and Alphabet Inc GOOGGOOGL-owned Google. On Friday, Twitter owner and Tesla Inc TSLA CEO Elon Musk launched his AI venture, xAI, with a team hired from leading AI research labs, including researchers from Microsoft and OpenAI, also challenging the dominance of ChatGPT.

Musk’s AI Mission Is To Understand The True Nature Of The Universe

Powered by thousand Nvidia Corporation NVDA-made GPU processors, the Twitter owner, Tesla and SpaceX boss decided to become a participant in the AGI future in order to influence the outcome for which he expressed his concern earlier this year, calling for an immediate six months pause in an open letter he signed. What remains unclear is whether and in which way will Musk be commercializing his AI R&D efforts. Although this venture will be separate from the rest of Musk’s empire, the newly-formed company’s website states that it will be counting on support from both. Tesla and Twitter. On Friday, Musk promised that his new AI firm could be trusted more than Microsoft-backed Open AI and Google for building a safe AI-shaped world when computers outsmart the human civilization. However, while discussing his company’s mission on Twitter upon the company launch, Musk did not reveal how his company’s work will differ from its AI peers that are far ahead development-wise, nor the offerings of the company. 

Meta’s Commercial LLMs 

The social media giant is reportedly making a leap by releasing details of the new model as its LLMs are “open-source,” differing from Microsoft-backed OpenAI approach that does not disclose the data and code used to build their models. 

With Threads, Meta Strengthened Its Social Media Supremacy

From an economic perspective, launching Threads is a good business move as Musk-led Twitter left much to be desired from a customers’ perspective. Therefore, Meta merely developed an improved product that better meets the consumer demand as Twitter has failed to fight the spread of disinformation and came short on verification policies, turning away advertisers. However, the fact alone that Threads gained 100 million users less than five days upon launch, surpassing Microsoft-backed OpenAI’s ChatGPT’s recent record as the fastest-growing online platform in history, caused more concern to regulatory watchdogs who are displeased about Meta’s market dominance. 

Meta has been under regulatory scrutiny for very good reasons, such as its history of aggressively acquiring promising competitors and merging them in its family before they grow to become an actual threat to its offerings. Zuckerberg even tried to buy Twitter twice before Musk pulled it off. The US FTC has an ongoing case against the company under accusations that Meta acquired Instagram and WhatsApp in an illegal strategy to cement its power on the social media front. Fortunately, since it developed Threads in-house, merger control rules don’t fall under this scenario.

But Meta still has its bad reputation for dubious morality of its business actions, going back to the Cambridge Analytica scandal to failing to protect underage users and failing to combat hate speech. Simply put, Meta’s dominance and business success are owed to the tech giant doing whatever it takes to preserve its power, including actions that are not for common good nor the good of its users. 

As Musk Admitted, It Seems That AGI Is Undoubtedly Going To Happen.

Meta’s impending release and Musk’s AI company launch are merely news in the AI race as Silicon Valley leaders fight to position themselves in this developing field that will undoubtedly shape the world’s future big time. Here’s to hoping that promises such as the one made by Musk are to be delivered and that this development will be for the common good as opposed to what Big Tech did until now.

DISCLAIMER: This content is for informational purposes only. It is not intended as investing advice.