The artificial intelligence tool uses the fourth iteration of Meta’s Llama model, which Meta has touted as being more cost-efficient than competitors like ChatGPT and Gemini.

Meta Platforms (NASDAQ:META) has released a standalone artificial intelligence app, Meta AI, that will compete with other chatbot apps such as Google's (NASDAQ:GOOG)(NASDAQ:GOOGL) Gemini, Microsoft-backed (NASDAQ:MSFT) OpenAI's ChatGPT,

Facebook parent Meta Platforms on Tuesday launched a separate app for its Meta AI assistant, similar to those offered by Microsoft-backed OpenAI and Alphabet's Google.