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Meta

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...
Meta combining AI with metaverse to create ‘experiences not even possible today’
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9 July, 2024

Meta combining AI with metaverse to create ‘experiences not even possible today’

Meta has advertised a new role whose responsibilities include fusing generative AI with the metaverse, and it’s willing to pay...
IKEA meets the metaverse, but blockchain’s still in the waiting room
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26 June, 2024

IKEA meets the metaverse, but blockchain’s still in the waiting room

IKEA and Roblox merged this week, opening "The Co-Worker Game" on Roblox's virtual-world platform—IKEA describes it as "the brand's first...
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