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Meta’s plan to win AI race: Give its tech away free

LivemintLivemint · 4m
Meta’s plan to win AI race: Give its tech away free

Meta Platforms, led by Mark Zuckerberg, is taking a unique approach in the AI space. While other companies are making AI announcements but monetizing the technology, Meta is giving away its most advanced chatbots and the underlying technology. By doing so, Meta hopes to drive down competitors' prices and spread its version of AI more broadly. This strategy comes after Meta experienced revenue loss due to Apple's decision to cut off its data gathering abilities. The success of Meta's free AI products hinges on attracting users and eventually monetizing through advertising. The company is also facing concerns from competitors and officials regarding the potential risks associated with freely available advanced AI tools.

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