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Meta Announces Dedicated AI Chatbot App Amidst Growing AI Competition

  • Meta Platforms plans to launch a dedicated AI chatbot app in Q2 2025, competing with services like OpenAI's ChatGPT and Google's Gemini.
  • Mark Zuckerberg, Meta's CEO, anticipates reaching 1 billion users with Meta AI, expanding beyond current integrations.
  • Meta has allocated $60-65 billion for capital expenditures to enhance AI capabilities and infrastructure.
  • The upcoming standalone app will expand accessibility, and Meta also plans to introduce a paid subscription service.

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