At metaverse event, Meta's Zuckerberg unveils work to improve how humans chat to AI

The social media company, which recently lost a third of its market value after a dismal earnings report, has invested heavily in its new focus on building the metaverse and changed its name to reflect this ambition.

Facebook-owner Meta is working on AI research to allow people to have more natural conversations with voice assistants, CEO Mark Zuckerberg said on Wednesday, a step towards how people will communicate with AI in the metaverse. The company's Project CAIRaoke is "a fully end-to-end neural model for building on-device assistants," said Zuckerberg, speaking at Meta's live-streamed artificial intelligence event.

Zuckerberg is betting that the metaverse, a futuristic idea of virtual environments where users can work, socialize and play, will be the successor to the mobile internet. The social media company, which recently lost a third of its market value after a dismal earnings report, has invested heavily in its new focus on building the metaverse and changed its name to reflect this ambition. This month Meta reported a 2021 net loss of $10.2 billion from its Reality Labs, the company's augmented and virtual reality business.

Meta also recently announced its research team has built a new artificial intelligence supercomputer that it thinks will be the fastest in the world when completed in mid-2022.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)