Meta will debut its generative AI this year

Meta plans to monetize its proprietary generative AI technology by December, joining Google in exploring practical applications. The company has been investing in AI for over a decade and recently created a new generative AI team to focus on commercialization. Generative AI technology, which can instantly create sentences and graphics, has been commercialized by ChatGPT creator OpenAI. However, Meta's CTO Andrew Bosworth insists that Meta remains at the cutting edge, with its recently formed generative AI team. Meta aims to use AI to improve ad effectiveness and apply the technology across all its products, including Facebook and Instagram.