Meta Unveils More Cautious Approach to ChatGPT Frenzy

A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. REUTERS/Benoit Tessier
A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. REUTERS/Benoit Tessier
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Meta Unveils More Cautious Approach to ChatGPT Frenzy

A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. REUTERS/Benoit Tessier
A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. REUTERS/Benoit Tessier

Facebook-owner Meta on Friday unveiled its own version of the artificial intelligence behind apps such as ChatGPT, saying it would give access to researchers to find fixes to the technology's potential dangers.

Meta described its own AI, called LLaMA, as a "smaller, more performant" model designed to "help researchers advance their work," in what could be seen as veiled criticism of Microsoft's decision to release the technology widely, while keeping the programming code secret.

Microsoft-backed ChatGPT has taken the world by storm with its ability to generate finely crafted texts such as essays or poems in just seconds using technology known as large language models (or LLM).

LLM is part of a field known as generative AI that also includes the capacity to execute images, designs or programming code almost instantaneously upon a simple request.

Usually the more staid actor in big tech, Microsoft has deepened its partnership with OpenAI, the creator of ChatGPT, and earlier this month announced the technology would be integrated into its Bing search engine as well as the Edge browser.

Google, seeing a sudden threat to the dominance of its search engine, quickly announced it would release its own language AI, known as Bard, shortly, AFP reported.

But reports of disturbing exchanges with Microsoft's Bing chatbot -- including it issuing threats and speaking of desires to steal nuclear code or lure one user from his wife -- went viral, raising alarm bells that the technology was not ready.

Meta said these problems, sometimes called hallucinations, could be better remedied if researchers had improved access to the expensive technology.

Thorough research "remains limited because of the resources that are required to train and run such large models," the company said.

This was hindering efforts "to improve their robustness and mitigate known issues, such as bias, toxicity, and the potential for generating misinformation," Meta said.

OpenAI and Microsoft strictly limit access to the technology behind their chatbots, drawing criticism that they are choosing potential profits over improving the technology more quickly for society.

"By sharing the code for LLaMA, other researchers can more easily test new approaches to limiting or eliminating these problems," Meta said.



Dell Forecasts Downbeat Fourth-Quarter Revenue on PC Weakness

The logo of Dell Technologies at the Milipol Paris, the worldwide exhibition dedicated to homeland security and safety, in Villepinte near Paris, France, November 15, 2023. (Reuters)
The logo of Dell Technologies at the Milipol Paris, the worldwide exhibition dedicated to homeland security and safety, in Villepinte near Paris, France, November 15, 2023. (Reuters)
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Dell Forecasts Downbeat Fourth-Quarter Revenue on PC Weakness

The logo of Dell Technologies at the Milipol Paris, the worldwide exhibition dedicated to homeland security and safety, in Villepinte near Paris, France, November 15, 2023. (Reuters)
The logo of Dell Technologies at the Milipol Paris, the worldwide exhibition dedicated to homeland security and safety, in Villepinte near Paris, France, November 15, 2023. (Reuters)

Dell forecast fourth-quarter revenue below Wall Street expectations on Tuesday, weighed down by weaker demand for its traditional PCs and competition from rival server makers, sending its shares down more than 10% in extended trading.

Despite booming demand for the company's AI-optimized servers used to handle large artificial intelligence workloads, Dell's PC segment has been grappling with stiff competition from rivals and weak consumer spending amid an uncertain economy.

Enterprise customers are being mindful of their PC and IT spending in the short term, Dell executives said on a post-earnings conference call, adding that the company's consumer business was weaker than expected.

Dell forecast fourth-quarter revenue between $24 billion and $25 billion. The average analyst estimate is $25.57 billion, according to data compiled by LSEG.

"The entire PC market is in a transition period and moving towards on-device AI functionality which still isn't that defined and is expected to solidify in 2025," Gadjo Sevilla, senior analyst for AI and Tech at Emarketer, said.

Revenue from Dell's client solutions group, which houses its PC business, came in at $12.13 billion, below expectations of $12.43 billion.

Rival PC maker HP also provided a weak first-quarter profit forecast, while electronics retailer Best Buy trimmed its annual forecasts against the backdrop of weak consumer electronics demand.

Investors are also keenly eyeing Dell's costs after the company flagged in May that higher expenses to build AI-heavy servers and competitive pricing would hurt its margins.

"Interest in our portfolio is at an all-time high, driving record AI server orders demand of $3.6 billion in Q3 and a pipeline that grew more than 50%," Dell's Chief Operating Officer Jeff Clarke said on Tuesday.

Revenue from the company's infrastructure solutions group unit, which houses its AI servers business, rose 34% to $11.37 billion and beat estimates.

Dell reported revenue of $24.37 billion in the third quarter, missing estimates of $24.67 billion.