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The AI race heats up as meta works on a powerful new system to rival open AI.

President Biden makes a historic visit to Vietnam, saying he isn't looking to contain China.

And US voters are more upbeat about the economy, but who should take the credit?

So there's a pretty strong sense out there that the president hasn't really done a very good job on the economy,

even as there's a sense that the economy isn't proving.

It's Monday, September 11th. I'm Keith Collins for the Wall Street Journal.

And here's the AM edition of What's News, the top headlines in business stories moving your world today.

And we begin with the race to develop artificial intelligence as meta has set its sights on open AI.

We're exclusively reporting how the parent of Facebook and Instagram is working on a new AI system

intended to be as powerful as the most advanced model offered by open AI, the Microsoft Back Startup,

that created chat GPT. Newly pernell is a journal tech reporter and he joins me now.

Newly are colleagues have gotten this great insight into meta's AI plans. What else do we know?

Yeah, great scoop indeed by Deepa and Tom. It would represent a big jump in the capability of meta's AI offerings.

It would be several times more powerful than Lama 2, which was the large language model or LLM.

That came out a few months ago and it's the first work we're seeing of a group formed by Facebook Chief Executive Mark Zuckerberg

...