CNBC Television
Summarized by ChatGPT
In recent news, the AI race continues to heat up as more companies invest in artificial intelligence technologies. Meta, formerly known as Facebook, has announced the creation of a new product group focused on building new experiences around generative AI. Short-term, the focus will be on creative and expressive tools, while long-term goals include developing AI personas and working on texts, images, and video.
Additionally, Snapchat is rolling out a new AI chat bot called “My AI” to its 2.5 million paying subscribers. The bot, built on the latest GPT technology, aims to help users with trivia questions, poems, or stories to send to their friends. The debate on the pace of rolling out new AI tools for the public continues, with some experts warning about foundational work that still needs to be completed before delving into futuristic experiences. Nonetheless, the AI arms race is on, and companies are striving to find new ways to incorporate AI and AI-adjacent technologies into their offerings.