Meta has made a significant announcement by holding its first-ever AI developer conference, LlamaCon, at its California headquarters. The event showcased the company's commitment to expanding its AI capabilities. The highlight of the conference was the launch of a consumer-facing Meta AI chatbot app. This move is expected to pose stiff competition in the market, particularly with regards to existing players like ChatGPT. As a result, users can anticipate more sophisticated and engaging conversational experiences. In addition to the consumer app, Meta also released a developer-facing API for accessing Llama models in the cloud. This development aims to make it easier for developers to integrate AI capabilities into their projects, potentially leading to innovative applications and services.