Meta Platforms, Inc. (NASDAQ: META) is interested in employing OpenAI’s ChatGPT technology to create its own internal artificial intelligence (AI) coding assistant. Meta CTO Andrew Bosworth stated that the cost of working with OpenAI is “extremely high,” however. Microsoft Corp (MSFT) has invested $13 billion into OpenAI, granting the tech giant access to ChatGPT, which is predicted to be a major moneymaker for the company. Bosworth explained the high cost stems from Meta needing OpenAI to understand the firm’s code base without integrating the two. Meta is currently focused on building its own internal AI structure, hoping for it to be operational by mid-June or late July.
AI technology has already made its mark in the tech industry, and OpenAI’s ChatGPT is no exception. OpenAI is jointly operated by Microsoft and is a Central Intelligence Agency-backed firm that specializes in natural language processing and machine learning. OpenAI’s ChatGPT platform is a text-based AI-chatbot that is designed to assist developers, testers and project managers with various coding tasks. It has become a popular trend on Wall Street due to its usefulness and potential.
Andrew Bosworth is the Chief Technology Officer of Meta Platforms, Inc., the parent company of Facebook and Instagram. He is responsible for setting the technical vision and leading the team of engineers in developing and deploying the technology that powers the platform. He is an experienced tech leader who has held positions of influence and responsibility at Google and Amazon, among other companies. At Meta, he is focused on using AI to engineer automated coding solutions that will benefit developers and the company as a whole. He believes that the cost of employing OpenAI for coding needs to be reduced in order for Meta to progress and use it in production environments.
Overall, the cost of OpenAI’s services are proving to be a major obstacle for Meta Platforms, Inc. to adopt its technology. While the AI platform is predicted to be a major moneymaker for Microsoft in the future, Meta is having difficulty in affording it. Andrew Bosworth and Meta are currently working towards building an internal AI infrastructure in hopes of becoming operational sometime in mid-June or late July. AI technology has the potential to transform the way developers code, and it will be interesting to see how Meta’s attempts turn out once it is ready for production use.
