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Bitcoin Bitcoin (BTC) $117,514.75 ↑ 2.04%
Ethereum Ethereum (ETH) $3,758.97 ↑ 3.02%
XRP XRP (XRP) $3.17 ↑ 3.30%
Tether USDt Tether USDt (USDT) $1.00 ↑ 0.03%
BNB BNB (BNB) $782.45 ↑ 2.52%
Solana Solana (SOL) $187.23 ↑ 5.62%
USDC USDC (USDC) $1.00 ↑ 0.02%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 5.26%
TRON TRON (TRX) $0.32 ↑ 1.07%
Cardano Cardano (ADA) $0.82 ↑ 4.03%
Hyperliquid Hyperliquid (HYPE) $44.50 ↑ 5.44%
Sui Sui (SUI) $4.02 ↑ 10.07%
Stellar Stellar (XLM) $0.44 ↑ 6.28%
Chainlink Chainlink (LINK) $18.32 ↑ 4.55%
Hedera Hedera (HBAR) $0.26 ↑ 10.71%
Bitcoin Cash Bitcoin Cash (BCH) $554.79 ↑ 4.90%
Avalanche Avalanche (AVAX) $24.20 ↑ 4.60%
Litecoin Litecoin (LTC) $113.72 ↑ 2.31%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 5.99%
UNUS SED LEO UNUS SED LEO (LEO) $8.98 ↑ 0.11%
Toncoin Toncoin (TON) $3.33 ↑ 7.22%
Ethena USDe Ethena USDe (USDe) $1.00 ↑ 0.00%
Uniswap Uniswap (UNI) $10.49 ↑ 4.56%
Polkadot Polkadot (DOT) $4.09 ↑ 4.02%
Monero Monero (XMR) $326.56 ↑ 1.30%
Dai Dai (DAI) $1.00 ↓ -0.01%
Bitget Token Bitget Token (BGB) $4.57 ↑ 2.49%
Pepe Pepe (PEPE) $0.00 ↑ 5.10%
Aave Aave (AAVE) $297.25 ↑ 3.10%
Cronos Cronos (CRO) $0.13 ↑ 4.10%
Bittensor Bittensor (TAO) $429.91 ↑ 5.03%
Ethena Ethena (ENA) $0.59 ↑ 13.17%
NEAR Protocol NEAR Protocol (NEAR) $2.86 ↑ 6.76%
Ethereum Classic Ethereum Classic (ETC) $23.10 ↑ 5.48%
Pi Pi (PI) $0.44 ↑ 0.64%
Ondo Ondo (ONDO) $1.05 ↑ 4.04%
Aptos Aptos (APT) $4.78 ↑ 2.79%
Internet Computer Internet Computer (ICP) $5.65 ↑ 4.39%
OKB OKB (OKB) $48.02 ↑ 0.88%
Bonk Bonk (BONK) $0.00 ↑ 4.21%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 13.07%
Kaspa Kaspa (KAS) $0.10 ↑ 4.10%
Mantle Mantle (MNT) $0.77 ↑ 4.78%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↑ 2.62%
Algorand Algorand (ALGO) $0.27 ↑ 4.43%
Arbitrum Arbitrum (ARB) $0.45 ↑ 5.19%
VeChain VeChain (VET) $0.03 ↑ 4.57%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.05%
Render Render (RENDER) $4.22 ↑ 5.52%
GateToken GateToken (GT) $17.72 ↑ 2.01%
Worldcoin Worldcoin (WLD) $1.16 ↑ 4.19%
Sky Sky (SKY) $0.10 ↑ 13.47%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.11 ↑ 3.42%
Sei Sei (SEI) $0.33 ↑ 4.95%
SPX6900 SPX6900 (SPX) $2.02 ↑ 14.51%
Cosmos Cosmos (ATOM) $4.70 ↑ 2.41%
Filecoin Filecoin (FIL) $2.65 ↑ 3.87%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.74 ↑ 2.55%
Jupiter Jupiter (JUP) $0.56 ↑ 5.63%
Flare Flare (FLR) $0.02 ↑ 5.87%
Story Story (IP) $5.46 ↑ 4.86%
KuCoin Token KuCoin Token (KCS) $11.51 ↓ -4.09%
Quant Quant (QNT) $120.71 ↑ 1.93%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.03%
Curve DAO Token Curve DAO Token (CRV) $1.05 ↑ 2.82%
Injective Injective (INJ) $14.34 ↑ 7.43%
XDC Network XDC Network (XDC) $0.09 ↑ 0.14%
Celestia Celestia (TIA) $1.94 ↑ 5.73%
Fartcoin Fartcoin (FARTCOIN) $1.38 ↑ 2.24%
Four Four (FORM) $3.38 ↑ 0.88%
Stacks Stacks (STX) $0.81 ↑ 6.57%
Optimism Optimism (OP) $0.72 ↑ 5.33%
FLOKI FLOKI (FLOKI) $0.00 ↑ 4.30%
Ethereum Name Service Ethereum Name Service (ENS) $30.54 ↑ 10.39%
Immutable Immutable (IMX) $0.57 ↑ 6.91%
dogwifhat dogwifhat (WIF) $1.08 ↑ 3.71%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.59 ↑ 4.60%
The Graph The Graph (GRT) $0.10 ↑ 3.85%
Kaia Kaia (KAIA) $0.16 ↑ 2.19%
Lido DAO Lido DAO (LDO) $1.10 ↑ 2.61%
Sonic Sonic (S) $0.34 ↑ 2.50%
PancakeSwap PancakeSwap (CAKE) $2.76 ↑ 5.30%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 4.06%
PAX Gold PAX Gold (PAXG) $3,354.33 ↓ -0.10%
Conflux Conflux (CFX) $0.18 ↑ 3.26%
Tezos Tezos (XTZ) $0.88 ↑ 2.51%
Vaulta Vaulta (A) $0.58 ↑ 3.21%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.05%
Theta Network Theta Network (THETA) $0.89 ↑ 5.12%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 4.34%
Nexo Nexo (NEXO) $1.31 ↑ 0.03%
Tether Gold Tether Gold (XAUt) $3,346.18 ↓ -0.14%
Raydium Raydium (RAY) $3.07 ↑ 5.26%
IOTA IOTA (IOTA) $0.21 ↑ 4.97%
Gala Gala (GALA) $0.02 ↑ 4.26%
The Sandbox The Sandbox (SAND) $0.31 ↑ 3.52%
Aerodrome Finance Aerodrome Finance (AERO) $0.91 ↑ 3.89%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 5.93%
Pendle Pendle (PENDLE) $4.47 ↑ 2.65%
Jito Jito (JTO) $1.98 ↑ 3.00%
Bitcoin Bitcoin (BTC) $117,514.75 ↑ 2.04%
Ethereum Ethereum (ETH) $3,758.97 ↑ 3.02%
XRP XRP (XRP) $3.17 ↑ 3.30%
Tether USDt Tether USDt (USDT) $1.00 ↑ 0.03%
BNB BNB (BNB) $782.45 ↑ 2.52%
Solana Solana (SOL) $187.23 ↑ 5.62%
USDC USDC (USDC) $1.00 ↑ 0.02%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 5.26%
TRON TRON (TRX) $0.32 ↑ 1.07%
Cardano Cardano (ADA) $0.82 ↑ 4.03%
Hyperliquid Hyperliquid (HYPE) $44.50 ↑ 5.44%
Sui Sui (SUI) $4.02 ↑ 10.07%
Stellar Stellar (XLM) $0.44 ↑ 6.28%
Chainlink Chainlink (LINK) $18.32 ↑ 4.55%
Hedera Hedera (HBAR) $0.26 ↑ 10.71%
Bitcoin Cash Bitcoin Cash (BCH) $554.79 ↑ 4.90%
Avalanche Avalanche (AVAX) $24.20 ↑ 4.60%
Litecoin Litecoin (LTC) $113.72 ↑ 2.31%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 5.99%
UNUS SED LEO UNUS SED LEO (LEO) $8.98 ↑ 0.11%
Toncoin Toncoin (TON) $3.33 ↑ 7.22%
Ethena USDe Ethena USDe (USDe) $1.00 ↑ 0.00%
Uniswap Uniswap (UNI) $10.49 ↑ 4.56%
Polkadot Polkadot (DOT) $4.09 ↑ 4.02%
Monero Monero (XMR) $326.56 ↑ 1.30%
Dai Dai (DAI) $1.00 ↓ -0.01%
Bitget Token Bitget Token (BGB) $4.57 ↑ 2.49%
Pepe Pepe (PEPE) $0.00 ↑ 5.10%
Aave Aave (AAVE) $297.25 ↑ 3.10%
Cronos Cronos (CRO) $0.13 ↑ 4.10%
Bittensor Bittensor (TAO) $429.91 ↑ 5.03%
Ethena Ethena (ENA) $0.59 ↑ 13.17%
NEAR Protocol NEAR Protocol (NEAR) $2.86 ↑ 6.76%
Ethereum Classic Ethereum Classic (ETC) $23.10 ↑ 5.48%
Pi Pi (PI) $0.44 ↑ 0.64%
Ondo Ondo (ONDO) $1.05 ↑ 4.04%
Aptos Aptos (APT) $4.78 ↑ 2.79%
Internet Computer Internet Computer (ICP) $5.65 ↑ 4.39%
OKB OKB (OKB) $48.02 ↑ 0.88%
Bonk Bonk (BONK) $0.00 ↑ 4.21%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 13.07%
Kaspa Kaspa (KAS) $0.10 ↑ 4.10%
Mantle Mantle (MNT) $0.77 ↑ 4.78%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↑ 2.62%
Algorand Algorand (ALGO) $0.27 ↑ 4.43%
Arbitrum Arbitrum (ARB) $0.45 ↑ 5.19%
VeChain VeChain (VET) $0.03 ↑ 4.57%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.05%
Render Render (RENDER) $4.22 ↑ 5.52%
GateToken GateToken (GT) $17.72 ↑ 2.01%
Worldcoin Worldcoin (WLD) $1.16 ↑ 4.19%
Sky Sky (SKY) $0.10 ↑ 13.47%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.11 ↑ 3.42%
Sei Sei (SEI) $0.33 ↑ 4.95%
SPX6900 SPX6900 (SPX) $2.02 ↑ 14.51%
Cosmos Cosmos (ATOM) $4.70 ↑ 2.41%
Filecoin Filecoin (FIL) $2.65 ↑ 3.87%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.74 ↑ 2.55%
Jupiter Jupiter (JUP) $0.56 ↑ 5.63%
Flare Flare (FLR) $0.02 ↑ 5.87%
Story Story (IP) $5.46 ↑ 4.86%
KuCoin Token KuCoin Token (KCS) $11.51 ↓ -4.09%
Quant Quant (QNT) $120.71 ↑ 1.93%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.03%
Curve DAO Token Curve DAO Token (CRV) $1.05 ↑ 2.82%
Injective Injective (INJ) $14.34 ↑ 7.43%
XDC Network XDC Network (XDC) $0.09 ↑ 0.14%
Celestia Celestia (TIA) $1.94 ↑ 5.73%
Fartcoin Fartcoin (FARTCOIN) $1.38 ↑ 2.24%
Four Four (FORM) $3.38 ↑ 0.88%
Stacks Stacks (STX) $0.81 ↑ 6.57%
Optimism Optimism (OP) $0.72 ↑ 5.33%
FLOKI FLOKI (FLOKI) $0.00 ↑ 4.30%
Ethereum Name Service Ethereum Name Service (ENS) $30.54 ↑ 10.39%
Immutable Immutable (IMX) $0.57 ↑ 6.91%
dogwifhat dogwifhat (WIF) $1.08 ↑ 3.71%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.59 ↑ 4.60%
The Graph The Graph (GRT) $0.10 ↑ 3.85%
Kaia Kaia (KAIA) $0.16 ↑ 2.19%
Lido DAO Lido DAO (LDO) $1.10 ↑ 2.61%
Sonic Sonic (S) $0.34 ↑ 2.50%
PancakeSwap PancakeSwap (CAKE) $2.76 ↑ 5.30%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 4.06%
PAX Gold PAX Gold (PAXG) $3,354.33 ↓ -0.10%
Conflux Conflux (CFX) $0.18 ↑ 3.26%
Tezos Tezos (XTZ) $0.88 ↑ 2.51%
Vaulta Vaulta (A) $0.58 ↑ 3.21%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.05%
Theta Network Theta Network (THETA) $0.89 ↑ 5.12%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 4.34%
Nexo Nexo (NEXO) $1.31 ↑ 0.03%
Tether Gold Tether Gold (XAUt) $3,346.18 ↓ -0.14%
Raydium Raydium (RAY) $3.07 ↑ 5.26%
IOTA IOTA (IOTA) $0.21 ↑ 4.97%
Gala Gala (GALA) $0.02 ↑ 4.26%
The Sandbox The Sandbox (SAND) $0.31 ↑ 3.52%
Aerodrome Finance Aerodrome Finance (AERO) $0.91 ↑ 3.89%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 5.93%
Pendle Pendle (PENDLE) $4.47 ↑ 2.65%
Jito Jito (JTO) $1.98 ↑ 3.00%
Home Cryptocurrency

Meta Enters the AI Battle with Commercial Model to Challenge Google and OpenAI

András Crow-Hreidar by András Crow-Hreidar
24 July 2023
in Cryptocurrency
Reading Time: 2 mins read
0
Meta-Enters-the-AI-Battle-with-Commercial-Model-to-Challenge-Google-and-OpenAI

In the fast-paced world of artificial intelligence companies are in the race to develop their own AI models which is exhibiting a significant surge in research and technological advancement. Meta has recently made an announcement that was featured in the Financial Times. The company is preparing to launch a commercial version of its AI model. Meta has already offered an AI model called LLaMa that is primarily directed to researchers and academics . This new commercial version aims to reach a broader audience and enable companies to tailor it to their specific requirements.

Table of Contents

Toggle
  • Challenging AI Giants
    • YOU MAY BE INTERESTED
    • Fumbled the Turbo Bag? MoonBull Whitelist Is Filling Fast: This One’s Built for 100x Crypto Hunters
    • Stage 14 Ignites 9.96% Jump: Troller Cat Presale at $0.00009667—Best Crypto to Explode in 2025 as SPX6900 Slides and Fartcoin Jumps
  • Customized AI Solutions for Startups and Enterprises
  • Future Release and Transparent Approach

Challenging AI Giants

This strategic move by Meta is directed towards competing against those who currently dominate the AI market like Google and OpenAI . By offering a compelling alternative Meta is aiming to reduce OpenAI’s stronghold in the industry. A reliable source close to Meta said that the primary goal is to break the domination that OpenAI holds over the AI sector .

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Customized AI Solutions for Startups and Enterprises

Meta’s upcoming commercial version of LLaMa is a significant opportunity for startups and enterprises to develop customized software and applications by employing Meta’s advanced AI technology . Unlike Meta’s previous approach of offering free templates the commercial version will introduce a paid option which is targeted at enterprise customers. Although this paid version is not planned for the first release Meta is exploring options to monetize its AI technology at the moment.

Future Release and Transparent Approach

According to sources cited by the Financial Times the release of Meta’s commercial AI model is expected in the near future. It is generating anticipation within the industry. Additionally Meta recently made a noteworthy decision to make its LLaMa models open source and allow public access to the technical details of their operating . This serves as an emphasis on Meta’s commitment to transparency. This commitment is setting it apart from OpenAI’s policy of keeping their code private when it comes to third-party involvement.

Meta prepares to launch its commercial AI model. Its main target is to disrupt the AI market and challenge the dominance of industry giants such as Google and OpenAI . The approaching release of the commercial version means a major milestone in the company’s expansion and positions .

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András Crow-Hreidar

András Crow-Hreidar

Editor-in-chief, Content Editor Hi there, my name is András and I'm a business and finance journalist living in Norway. My passion lies in uncovering the latest stories in the world of finance and delivering them to my readers in a way that's clear and engaging. I cover a wide range of topics in the finance world, including cryptocurrencies, which I believe have the potential to transform the way we interact with money and financial systems.

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