Can Facebook's AI Dream Resolve Its Revenue Nightmare?

Facebook owner Meta is setting up a new "generative AI" product group as it strives to claw back ... [ ] revenues amid tough market conditions. Facebook owner Meta is setting up a new "generative AI" product group as it strives to claw back revenues amid tough market conditions. It comes after investment in the so-called Metaverse--which is yet to pay off--and Apple's privacy changes that impact Facebook's ability to track users for advertising purposes. As ChatGPT continues to dominate headlines, tech companies are accelerating their focus on AI. Microsoft has announced its aim to integrate chatbot capabilities into Bing, while Google is in the midst of launching a chatbot called Bard.