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Meta

Who’s making profit in artificial intelligence industry?
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1 August, 2024

Who’s making profit in artificial intelligence industry?

If these tech giants do not emerge with a clear revenue path in the AI industry, we will likely see...
This week in AI: Meta releases Llama 3.1, OpenAI announces SearchGPT, FCC proposes new rules for AI in political ads
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27 July, 2024

This week in AI: Meta releases Llama 3.1, OpenAI announces SearchGPT, FCC proposes new rules for AI in political ads

Meta has unveiled its open-source AI model, Llama 3.1, while July 25 marked the release of OpenAI's AI search tool,...
Meta reins in metaverse ambitions, cuts budget by 20%
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26 July, 2024

Meta reins in metaverse ambitions, cuts budget by 20%

Meta has instructed Reality Labs to cut its budget by 20% by 2026, just weeks after reorganizing its metaverse division...
Meta to halt AI releases in EU due to ‘unpredictable’ regulations
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25 July, 2024

Meta to halt AI releases in EU due to ‘unpredictable’ regulations

Meta joins Apple in blackballing EU users, but unlike the iPhone maker’s anti-competitive reasons, it’s concerned about using public data...
Last week in AI: Meta suspends AI tools in Brazil; Japanese companies embracing AI; Nvidia, Amazon, OpenAI forms coalition
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23 July, 2024

Last week in AI: Meta suspends AI tools in Brazil; Japanese companies embracing AI; Nvidia, Amazon, OpenAI forms coalition

Last week's news about AI saw Meta's suspension of AI tools in Brazil, Japanese companies' stance on AI, Meta not...
Brazil bars Meta from using citizens’ data to train its AI, cites ‘irreparable’ damage
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10 July, 2024

Brazil bars Meta from using citizens’ data to train its AI, cites ‘irreparable’ damage

Brazil follows the EU in warning against using Facebook and Instagram data to train Meta’s AI, which the company calls...
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