Meta launches standalone AI app to take on ChatGPT

Core Insights - Meta Platforms is launching a stand-alone artificial intelligence app to compete with OpenAI's ChatGPT [1][2] - The new app will utilize the Llama AI model and feature a Discover feed for user interaction and image creation [2] - Meta AI currently has approximately 700 million active monthly users, an increase from 600 million in December [4] Company Developments - The launch of the Meta AI app follows similar initiatives by Google and xAI, which have introduced their own digital assistants [5] - Meta's CEO Mark Zuckerberg anticipates that by 2025, a highly intelligent AI assistant will reach over 1 billion users, with Meta AI positioned as the leader [4] - The company plans to invest up to $65 billion this year to enhance its AI infrastructure [6] Industry Context - The event coincides with Meta's inaugural LlamaCon developer event, focusing on its Llama family of AI models [6] - Investors are keenly observing the immediate business impact of Meta's AI investments as the company prepares to report its first-quarter earnings [6]