Meta Platforms Explores Using OpenAIs ChatGPT for AI Coding … – Best Stocks

On April 28, 2023, reports surfaced that Meta Platforms, the parent company of Facebook and Instagram, is exploring the possibility of creating an internal AI coding assistant using OpenAI‘s technology. However, the cost of utilizing OpenAI’s ChatGPT technology is reportedly steep, with a charge of approximately seven cents per query. This news comes after Meta CTO Andrew Bosworth reportedly referred to the cost of using OpenAI’s technology as “crazy.”

OpenAI’s ChatGPT has been a trending topic on Wall Street in 2023, with Microsoft investing a whopping $13 billion in the company. ChatGPT could potentially become a significant source of revenue for Microsoft, as it is using OpenAI’s GPT technology in its Bing search engine, Office, and Teams teleconferencing system.

During a recent Q&A session, Bosworth revealed that Meta has had discussions with both Microsoft and OpenAI about developing a similar tool to GitHub’s AI Copilot to assist Meta engineers with coding. However, the…

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