To develop an AI coding assistant for its engineers, Meta is looking to OpenAI

According to reports, Microsoft and OpenAI are in contact with Meta (previously Facebook) about creating an artificial intelligence (AI) coding helper for its developers.

According to 'Command Line' by Alex Heath of The Verge, Meta CTO Andrew Bosworth recently informed staff about the idea, calling the cost of hiring an AI code expert “crazy” at about seven cents each query.

Because there is a natural business integration there, he told staff, “that's the only area in the company where we're really considering working with Microsoft and OpenAI.”

He said that the business is also developing a “companion that is more about all of our code and our internal documentation, built on our own infrastructure”.

“We are going quickly. I believe we'll have something to work with internally, hopefully in mid- or late-June, according to Bosworth.

OpenAI reportedly acquired $300 million from VCs at a $27–$29 billion value.

According to records reviewed by TechCrunch, VC companies including Tiger Global, Sequoia Capital, Andreessen Horowitz, Thrive, and K2 Global are purchasing fresh shares.

Microsoft has already invested almost $10 billion in OpenAI, the company that created the wildly popular ChatGPT generative AI chatbot.

According to statistics from SimilarWeb, ChatGPT is a success, with more than one billion visits to its website in February.