Meta* Platforms invested heavily in the metaverse last year, causing the company to lose more than half its value. This year, Meta* CEO Mark Zuckerberg announced the implementation of a new Year of Efficiency strategy designed to lower costs. He appears to be considering reducing the amount of investment in the metaverse.
Zuckerberg said that artificial intelligence is now a top priority for him and his employees. "Our largest investment is advancing artificial intelligence and incorporating it into every one of our products," according to Meta*'s head on his blog.
Meta* has been using neural networks for a long time. More than a year ago, a Meta* computer was announced as a 16,000 NVIDIA A100 accelerator for data centers. At the same time, Zuckerberg said he does not intend to abandon the creation of the metaverse.
Meta* is shifting its focus away from standard AI algorithms that make recommendation based on user preferences to generative neural networks that can create content. This is quite reasonable given the increase in popularity of the chatbot ChatGPT, which is based on the Open AI GPT-4 model.
* Included in the list of public organizations and religious organizations for which the court made a final decision to liquidate or ban activities on the grounds provided for by Federal Law No. 114-FZ of July 25, 2002, "On countering extreme activity."
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