Meta’s open source approach to AI puzzles Wall Street, techies love it

Artificial Intelligence at Meta Facebook Two Current Use-Cases Emerj Artificial Intelligence Research

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For Matt Baker, senior vice-president, AI strategy at Dell, adding support for Llama 2 will help his company to achieve its vision of bringing AI to enterprise data. For Meta, the Dell partnership provides more opportunities to learn how enterprises are using Llama, which will help to further expand the capabilities of an entire stack of Llama functionality over time. Not only is Dell now supporting Llama 2 for its enterprise users, it’s also using Llama 2 for its own use cases as well.

This holistic approach makes the Meta AI Blog a thought-provoking and intellectually stimulating platform. He learned from his time at Netscape, and 25 years of venture capital, that the clearest path to business success is the largest possible market available for a product or service. This idea that sellers are motivated to reduce prices by self-interests is a core principal of capitalism.

The #CWC23 Fan Experience Guide: Here’s How To Support India Across Our Platforms

Meta claims that the Quest relies on three types of sensor data, each producing a different output. First is image data from 4 ultrawide cameras in the headset, which generates a 3-D map of the room and pinpoints boundaries and landmarks. Next is rotational velocity and linear acceleration data from the inertial measurement units in the headset and controllers, which tracks head and hand movements. The third is infrared LED in the controllers, which are detected by the headset cameras, enhancing the unit’s ability to track controller movement. LeCun is a big proponent of open-source AI, or AI software that is openly available to the public for research and development purposes. This is opposed to “closed” AI systems, the source code of which is kept a secret by the companies producing it.

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“We’re disappointed that instead of working productively with companies across the industry to create clear, age-appropriate standards for the many apps teens use, the attorneys general have chosen this path,” the company said. The Meta CEO says the app has just under 100 million monthly active users and he hopes to create an app that would encompass one billion users. States also alleged Meta is seeking to expand its harmful practices into virtual reality, including its Horizon Worlds platform and the WhatsApp and Messenger apps. States also accused Meta of violating a law banning the collection of data of children under age 13, and deceptively denying that its social media was harmful. “Instead of working productively with companies across the industry to create clear, age-appropriate standards for the many apps teens use, the attorneys general have chosen this path,” the company said. He believes AI-generated content will become more prevalent on Meta’s platforms over time.

Zuckerberg pitches his open-source strategy for AI models.

Llama 2 models make it easier to fine tune models by publishing recipes than can easily be applied to Dell Generative AI Solutions. Dell has carried out significant technical investigation and validation to demonstrate the application of state-of-the-art customization techniques such as supervised fine tuning (SFT), LoRA and p-tuning to Llama 2 7B, 13B and 70B models. We deployed the Llama 2 70B model with Ubuntu 22.0 operating system and the required NVIDIA GPUs on PowerEdge XE9680. VentureBeat’s mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact.

  • “It could help you cook dinner, noticing if you miss an ingredient, prompting you to turn down the heat, or more complex tasks.”
  • If these estimates are even in the ballpark, investors will want to position themselves to benefit from the opportunity — and each of these companies is a reasonable place to start.
  • But Deepwater Asset Management managing partner Gene Munster said Alphabet’s solid advertising results are a “slight positive” for Meta heading into its earnings report.
  • More conservative prognostications from Morgan Stanley and Goldman Sachs peg the opportunity at $6 trillion and $7 trillion, respectively, by the end of the decade.
  • Meta claims that its “Oculus Insight” (also called its “insight stack”) machine learning models leverage the latest computer vision systems and visual-inertial simultaneous localization and mapping, or SLAM.

Solid advertising revenues should enable Meta to beat analysts’ revenue and profit estimates, according to a recent note from JPMorgan. Additionally, Bank of America said that solid fourth-quarter guidance and positive management commentary on Reels could drive further upside to Meta’s stock. The company has made a series of cutbacks, including layoffs and cutbacks on office space and perks, since Zuckerberg announced the “year of efficiency” earlier this year.

Reimagining Our Infrastructure for the AI Age

One aspect of the Meta AI Blog that I appreciate is the personal touch it brings to its articles. The authors often share their own experiences and insights, which adds a human element to the technical discussions. This allows readers to connect with the content on a deeper level and helps demystify complex AI concepts.

https://www.metadialog.com/

“AI researchers from big companies were wary of Llama-1 due to licensing issues, but now I think many of them will jump on the ship and contribute their firepower,” Fan wrote. “It’s the model that most people are playing with and that most startups are playing with,” said Lambert, who announced on Oct. 4 that he’s leaving Hugging Face though he didn’t say where he’s going. Although Llama was originally incubated inside Meta’s Fundamental AI Research team (FAIR), it’s since moved to the company’s generative AI organization led by Ahmad Al-Dahle, who previously spent over 16 years at Apple.

Making It Easier To Manage Your Information Across Meta’s Apps

The bank said the apps’ share of downloads have been rising for Instagram and Facebook, to 18% and 19% respectively, while TikTok has seen its download share fall to 22% from above 25% last year. That’s great news for Meta, given that TikTok has been viewed as one of the company’s top risks in the competition for more eyeballs. According to Morningstar, management has to delicately balance its cost cutting plans with the need to invest heavily in AI. But with the arrival of generative artificial intelligence, Meta has to increase its investments in order to remain competitive. Meta’s disastrous 2022, in which its stock price plunged more than 70%, led CEO Mark Zuckerberg to announce a “year of efficiency,” in which the company would significantly cut back on costs.

An important caveat is that although the same learning algorithm can be used for different skills, it can only learn one skill at a time. Once it has learned to recognize images, it must start from scratch to learn to recognize speech. Giving an AI multiple skills at once is hard, but that’s something the Meta AI team wants to look at next. First, the teacher network is trained on images, text, or speech in the usual way, learning an internal representation of this data that allows it to predict what it is seeing when shown new examples. Auli and his colleagues at Meta AI had been working on self-supervised learning for speech recognition. But when they looked at what other researchers were doing with self-supervised learning for images and text, they realized that they were all using different techniques to chase the same goals.

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“We hope it will change the way people think about doing this type of work,” says Michael Auli, a researcher at Meta AI. At Meta’s annual Connect conference last month, virtual reality enthusiasts gathered to hear about Mark Zuckerberg’s multibillion-dollar bet on the metaverse, the technology that’s supposed to define the company’s future. “It is very clear that decisions made by social media platforms, like Meta, are part of what is driving mental health harms, physical health harms, and threats that we can’t ignore,” he said.

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Right now, their knowledge base – with the exception of Meta AI, Bru, and Perry – is limited to information that largely existed prior to 2023, which means some responses may be dated. We aim to bring search to many more of our AIs in the coming months – like we have done with Meta AI – so that conversations can be timely and relevant too. And because interacting with them should feel like talking to familiar people, we did something to build on this even further. We partnered with cultural icons and influencers to play and embody some of these AIs. They’ll each have profiles on Instagram and Facebook, so you can explore what they’re all about.

JPMorgan says advertising trends have been improving.

Meta is also betting that third-party developers will steadily improve Llama 2 and related AI software so that it runs more efficiently, a way of outsourcing research and development to an army of volunteers. Spisak helped oversee PyTorch and other open source AI projects when he worked at Meta from 2018 until January 2023. Zuckerberg told analysts in July that improvements made to Llama by third-party developers could result in “efficiency gains,” making it cheaper for Meta to run its AI software. Meta said it expects capital expenditures for 2023 to be in the range of $27 billion to $30 billion, down from $32 billion last year. Finance chief Susan Li said the figure will likely grow in 2024, driven in part by data center-and AI-related investments.

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After plunging deeply into bear market territory in 2022, this year started in stark contrast to its predecessor. Each of the major market indexes charged more than 20% higher from their respective bear market lows and are currently taking a breather before attempting their next leg higher. Wherever you land on the “Is Llama 2 really open-source” debate, it’s not the only potential measure of openness. A recent report from Stanford, for instance, showed none of the top companies with AI models talk enough about the potential risks and how reliably accountable they are if something goes wrong.

Live Blog: Meta Reports Q3 Earnings – Search Engine Journal

Live Blog: Meta Reports Q3 Earnings.

Posted: Wed, 25 Oct 2023 20:49:22 GMT [source]

Jerome Presenti, Meta’s VP of artificial intelligence, says removal of what the company calls “harmful content” such as that which contains sex, violence, and other inappropriate material is also considered a priority. Both Hassabis and James Manyika, Google’s senior vice president of research, technology and society, said that they wanted to achieve international agreement on how best to approach the responsible development and regulation of artificial intelligence. On Wall Street, Llama is hard to value and, for many investors, hard to understand. Because AI researchers are at a premium and the infrastructure required to build and run models requires massive costs, Meta is investing heavily to build Llama, the updated Llama 2 that was introduced in July, and related generative AI software. While Zuckerberg still views the growth of the nascent metaverse as critical to his company’s success, AI has emerged as the market he’s trying to win today. Meta views Llama and its family of generative AI software as the open source alternative to GPT, the LLM from Microsoft-backed OpenAI, and Google’s PaLM 2, which powers the search company’s Bard AI technology.

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