Meta
After losing billions of dollars on the metaverse, Mark Zuckerberg's launching a 'top-level' team at Meta to develop AI products for WhatsApp, Messenger, and Instagram.
  • Meta's foraying into generative AI amid a rush into the technology following ChatGPT's popularity.
  • Mark Zuckerberg said Meta will be creating a new "top-level product group" focused on generative AI.
  • But Meta lost nearly $14 billion in 2022 amid its relentless pursuit of the metaverse.

After chasing the metaverse, Meta is now buying into the AI hype. 

The tech giant will be creating a new "top-level product group" focused on generative AI — AI that can create content — to focus on "building delightful experiences around this technology into all of our different products," CEO Mark Zuckerberg said in a Facebook post on Monday.