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Meta's Zuckerberg unveils AI metaverse projects

February 24, 2022 at 04:31 am EST

STORY: Mark Zuckerberg's Meta mapped out key steps to building the metaverse on Wednesday (February 24).

It hopes to use artificial intelligence to let people generate virtual worlds by describing them through speech, improve voice assistants, and translate between languages.

Meta's vice president for AI Jérôme Pesenti said the tech isn't far away.

"We are creating tools today to help people generate new worlds, and these tools will be AI assisted so that technology you can see, you know, come into products in the coming years. You know, this is not far off from technology.

Meta recently lost a third of its market value after a dismal earnings report.

Zuckerberg is investing heavily in the metaverse, a futuristic idea of virtual environments and betting it will be the successor to the mobile internet.

He can't say exactly when that'll happen, but for now, he said Meta is investing in AI research that will allow people to have more natural conversations with voice assistants, adding, "As we advance this technology further, you'll be able to create nuanced worlds to explore and share experiences with others, with just your voice."

Zuckerberg also announced work on a universal speech translator and generating a first-person experience within the metaverse.

Mark Zuckerberg

Youngest billionaire in the world with 4 billion dollars in 2010, Mark Zuckerberg, founder and CEO of the social networking site Facebook, was the 52nd richest men in the world in 2011 (according to Forbes). His personal fortune was estimated at $ 13.5 billion in 2011.

Graduated in 2003 from Phillips Exeter Academy, Mark Zuckerberg joined Harvard. Keen on informatics and gifted in programming, he created his first network aimed to rate the sex appeal of his friends by hacking photos on the servers of Harvard. The user has two portraits of girls and he has to vote for the sexiest girl. Success is dazzling: 22 000 connections in two hours.

In 2004, Mark Zuckerberg officially launched Facebook, a social network designed primarily for students of Harvard and other universities, the success was immediate. Little by little, Mark adds functionalities which allow to find people, communicate with them and to see friend in common.

In 2006, Facebook is opened to the public. The popularity of the social network growas each day and overtakes My Space.

Mark Zuckerberg used advertising based on behaviors of network users. Advertisers could easily target customers interested in their offers. But Mark Zuckerberg has to update constantly his securities policy. In 2010, 500 million people had a Facebook account.

In 2007, Microsoft spent $ 280 million to hold 1.7 % of the fastest growing social network. The Chinese billionaire spent $ 120 million to hold approximately 0.8% of Facebook.

In 2010, Facebook counted 500 million members and had a turnover of $ 500 million in 2009. It is the 5th most visited website in the world. In 2011, Mark Zuckerberg leaded the way of the most powerful figure according to Medias ahead Rupert Murdoch, Larry Page and Steve Jobs (The Guardian).

Mark Zuckerberg has been in trial twice, the first one against the Winklevoss twins who accused him of intellectual property offense, the second one against Eduardo Saverin, co-founder of The Facebook ( the first version of Facebook), who was his roommate at Harvard but also his best friend.

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META PLATFORMS, INC.	Chief Executive Officer
Chan Zuckerberg Initiative LLC Chan Zuckerberg Initiative LLC Investment Trusts/Mutual FundsMiscellaneous Chan Zuckerberg Initiative LLC (CZI) is a private foundation headquartered in Redwood City, California. The firm was founded was co-founded by Priscilla Chan and Mark Zuckerberg in 2015 to help solve some of society’s toughest challenges — from eradicating disease and improving education, to addressing the needs of their local communities. CZI is composed of four funding entities: the Chan Zuckerberg Initiative, LLC (the main operational funding vehicle); the Chan Zuckerberg Initiative Foundation (a 501(c)(3) private foundation); the Chan Zuckerberg Initiative Donor-Advised Fund (DAF) at the Silicon Valley Community Foundation; and Chan Zuckerberg Initiative Advocacy, (a 501(c)(4) organization). In addition to traditional grantmaking to support people and organizations working toward their missions in Science, Education, and within their communities, CZI makes venture investments in impact-focused companies, builds tools and products that they can scale and give away for free, and supports capacity building to achieve progress across their work.	Chief Executive Officer

Linked companies

META PLATFORMS, INC.

Chief Executive Officer