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Meta Platforms aims to keep up with its competitors and is set to release a standalone AI app.
AI competition is tight, and new developments are moving at lightning speed.
Chatbots are becoming capable of more nearly every day, with enhancements indeep researchandvideo generationintegration almost becoming the norm.
This approach aligns with industry trends, as competitors like OpenAI have introduced subscription tiers for its AI offerings.
Investments and future prospects
Meta’s substantial investment in AI is evident.
Bloomberg reported Meta’s projected capital expenditures between $60 billion and $65 billion for the year.
