The tech giant is reportedly building new data centers and buying NVIDIA chips to leapfrog its previous efforts and rival market leaders.

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

According to the report, Meta intends to make its new AI model several times more powerful than its current model, Llama 2, and the company also expects the new model to have similar capabilities to OpenAI's competing model GPT-4.

GPT-4 goes live in March 2023 and becomes generally available in July 2023, whereas Facebook’s competitor won’t start training until 2024.

Current reports suggest that it will be possible to use Facebook’s upcoming model to create services that produce complex text, analysis, and output.

Meta’s upcoming models will likely be released as free, open-source products, in keeping with the company’s current AI releases and stated goals.

The company is also building new data centers and buying the chips it needs to perform training tasks. According to the Wall Street Journal, Meta is in such high demand that it is purchasing NVIDIA H100 Tensor Core GPUs for the company’s most advanced AI training models.

Meta currently offers Llama 2

While Meta’s new AI version will be a major step forward, it’s not the company’s only release to date. After a partial release and source code leak in early 2023, Meta fully released Llama 2 in July 2023 for research and commercial purposes.

Meta has a lot of other AI work going on, many of which are aimed at the public. The company launched a developer assistant tool in August and announced an AI-powered advertising service in May, and the company’s chatbot is expected to go live soon, too.

Incidentally, Meta CEO Mark Zuckerberg and other tech leaders will discuss AI with U.S. senators at an upcoming series of forums, CNBC reports. Other tech leaders in attendance include Tesla and Twitter/X executive Elon Musk, Microsoft co-founder Bill Gates, and OpenAI CEO Sam Altman, and the forums will begin in September and continue. #Meta  #OpenAI