Meta (formerly Facebook) is in talks with Microsoft and OpenAI to create an AI coding assistant for its engineers. CTO Andrew Bosworth revealed to its employees about this ambitious plan and said that the cost for such kind of assistant would be seven cents per query. They are also working on a program to help their engineers get access to all the company’s internal codes and documents. Bosworth anticipates that the project should be ready by mid-June.
OpenAI has raised $300 million in a funding round led by Tiger Global, Sequoia Capital, Andreessen Horowitz, Thrive and K2 Global at a valuation of $27-$29 billion. Microsoft has already invested $10 billion in OpenAI, which resulted in the generative AI chatbot ChatGPT. This chatbot proved to be immensely popular, garnering more than one billion visits to its website in February, data from SimilarWeb shows.
The company mentioned in this article is OpenAI, a leading artificial intelligence research organization and technology created by Microsoft, Sam Altman, and Tesla co-founder, Elon Musk. OpenAI is focused on developing Artificial General Intelligence for use in the real world and also specializes in text and conversational AI.
The person mentioned in this article is Andrew Bosworth, the CTO of Meta (formerly Facebook). He is responsible for the company’s research, product, and engineering divisions and is responsible for Meta’s ambitious plan to create an AI coding assistant. He is also a member of the Facebook executive team, overseeing the company’s long-term strategy and product planning.
