Meta has announced its inaugural developer conference called LlamaCon, set for April 29, focusing on generative AI advancements. The company is eager to share open-source developments that assist creators in building applications. This launch comes as Meta faces competition from China's DeepSeek, which allegedly presents superior models. To keep pace, Meta plans to invest $80 billion in AI projects this year. Amidst launching new Llama models and addressing legal troubles concerning copyright, Meta is also navigating EU data privacy regulations that impede product rollouts.
Meta will host its first developer conference focused on generative AI, called LlamaCon, on April 29, to showcase their latest AI innovations.
The company aims to bolster its open-source AI strategy amidst increasing competition, particularly from Chinese AI firm DeepSeek.
Despite hundreds of millions of downloads of its Llama models, Meta faces legal and regulatory challenges regarding data privacy and copyright.
Meta's commitment to AI includes a significant investment of $80 billion this year, underscoring its focus on developing competitive AI technologies.
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