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Meta drops 15% on weak outlook and high AI and metaverse spending

[Apr 24 5:30 PM] Meta shares dipped after a disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year as it aims to “invest aggressively” in its AI products.

Sui Overtakes Aptos, Cardano in Value Locked; Sees $310M Inflow in 30 Days

[Feb 19 1:20 AM] Sui, the layer 1 blockchain built by a group of former Meta (META) employees, has experienced a cascade of inflows this month in a spike that has seen it overtake Cardano, Near and Aptos in terms of total value locked (TVL).

AI Tokens Up After Meta Beats Analyst Expectations

[Feb 2 2:54 AM] Mark Zuckerberg's Meta said it was pivoting away from Metaverse to Artificial Intelligence in early 2023.

Peeling Back the Layers: Ensuring AR Remains a Tool for Expression, Not Manipulation

[Jan 26 6:30 AM] With the launch of Apple’s Reality Pro headset just a few days away, Augmented Reality (AR) is the topic on everyone’s minds. But the buzz isn’t baseless – the possibilities of AR technology are breathtaking! Fancy the new MSG Sphere in Las…

Why Does Maxine Waters Care About Meta’s Crypto Patents?

[Jan 23 2:44 PM]

Maxine Waters Questions Meta’s Digital Asset Ambitions

[Jan 23 8:30 AM] Maxine Waters has sent a probing letter to Meta, querying the tech giant’s recent spate of trademark applications related to digital assets and blockchain technology. Maxine Waters Suspects Meta’s Renewed Interest in Digital Assets…

Congresswoman Maxine Waters Questions Meta’s Ongoing Crypto Efforts

[Jan 22 4:46 PM] A letter sent to the tech giant said it still has five active patents related to cryptocurrencies, despite the firm saying that it has no digital assets-related works ongoing.

Google slashes price of Gemini AI model, opens up to developers

[Dec 14, 2023 7:46 AM] Google parent company Alphabet said it was slashing prices for its pro version of AI model Gemini and plans to make its tools more accessible to developers to create their own versions.

Meta releases ‘Purple Llama’ AI security suite to meet White House commitments

[Dec 7, 2023 12:30 PM] Meta believes that this is “the first industry-wide set of cyber security safety evaluations for Large Language Models (LLMs).”

Meta to fight AI-generated fake news with ‘invisible watermarks’

[Dec 7, 2023 2:50 AM] Meta will make use of a deep-learning model to apply watermarks to images generated with its AI tool, which would be invisible to the human eye.

IBM, Meta and others form ‘AI Alliance’ to advance AI development

[Dec 6, 2023 5:59 AM] In a joint statement, IBM and Meta outlined the AI Alliance’s objectives, emphasizing a commitment to safety, collaboration, diversity, economic opportunity and universal benefits.

Meta's AI boss says there’s an ‘AI war’ underway and Nvidia is ‘supplying the weapons’

[Dec 4, 2023 11:45 AM] The outspoken executive also said that Meta isn’t pursuing quantum computing because it isn’t currently useful.

Meta dissolves responsible AI division amid restructuring

[Nov 19, 2023 3:48 AM] The RAI restructuring comes as the Facebook parent nears the end of its “year of efficiency,” as CEO Mark Zuckerberg called it during a February earnings call.

Meta introduces AI models for video generation, image editing

[Nov 16, 2023 2:00 PM] Social media company Meta is developing new AI-based tools for Facebook and Instagram users

Meta bans usage of generative AI ad creation tools for political advertisers

[Nov 7, 2023 1:49 AM] Meta updated its help center with a note explaining that political advertisers are prohibited from using its new generative AI ad campaign creation tools.

TikTok, Snapchat, OnlyFans and others to combat AI-generated child abuse content

[Oct 31, 2023 4:08 AM] Major social platforms, AI companies, governments and NGOs issued a joint statement pledging to combat AI-generated abusive content, such as explicit images of children.

Meta chief AI scientist says AI won't threaten humans

[Oct 19, 2023 4:30 PM] Yann LeCun a chief AI scientist at Meta said labeling the existential risk of AI is “premature” and it’s “preposterous” that AI might kill off humanity.

MultiversX eyes metaverse scalability as CEO sheds light on spatial computing

[Oct 19, 2023 7:33 AM] The MultiversX CEO discussed the recent interest of Meta and Apple in the metaverse domain and analyzed their approaches.

Meta makes progress towards AI system that decodes images from brain activity

[Oct 18, 2023 1:50 PM] The system is entirely non-invasive and could have near-term applications for some.

Saudi Arabia and China collaborate on Arabic-based AI system

[Oct 10, 2023 3:57 AM] A university in Saudi Arabia has collaborated with two Chinese universities to create an Arabic-focused AI system called AceGPT.

EU mulls more restrictive regulations for large AI models: Report

[Oct 9, 2023 4:34 AM] Negotiators in the EU are reportedly considering additional restrictions for large AI models, such as OpenAI’s ChatGPT-4, as a component of its coming AI Act.

Meta AI Assistant Launches to Compete With Chatbots Like Chatgpt

[Sep 28, 2023 3:30 PM] Meta Platforms, the parent company of Facebook and Instagram, launched its own chatbot based on artificial intelligence (AI) technology. Meta AI provides an alternative to products like Openai’s Chatgpt and is setting out to offer interaction…

Meta refutes claims of copyright infringement in AI training

[Sep 20, 2023 6:07 AM] In a lawsuit against Sarah Silverman and other authors, Meta claims its AI system does not create copyright-infringing material.

Crypto Biz: PayPal rolls out crypto ramps, Franklin Templeton joins BTC ETF race, and more

[Sep 15, 2023 3:00 PM] This week’s Crypto Biz looks at PayPal’s crypto gateway, Franklin Templeton’s BTC ETF filing, Coinbase’s Lightning Network integration, and Meta’s plans for a new AI model.

Meta ‘ruined’ the term metaverse, but now it’s evolving: Yuga Labs CEO

[Sep 13, 2023 9:47 PM] While Meta’s Horizon Worlds is suffering from a low user base, metaverse platforms have focused on building, says Yuga Labs CEO Daniel Alegre.

Lightspark CEO David Marcus Profiles Bitcoin as Global Payment Network

[Sep 12, 2023 4:00 PM] David Marcus, CEO of Lightspark and co-creator of Diem, Meta’s failed cryptocurrency project, explained his intentions of turning Bitcoin into a global payments network. Marcus explained that there was no universal protocol for sending value…

Meta is building AI model to rival OpenAI's most powerful system

[Sep 11, 2023 2:39 AM] Meta is reportedly in the process of building a new, more powerful and open-source AI model to rival the most powerful systems of its rival OpenAI.

Scientists create ‘OpinionGPT’ to explore explicit human bias — and the public can test it

[Sep 8, 2023 2:42 PM] Due to the nature of the model’s tuning data, it’s unclear whether this system is actually capable of generating outputs showing real-world bias.

Meta’s assault on privacy should serve as a warning against AI

[Sep 7, 2023 11:36 AM] Facebook was the worst thing to happen to user privacy over the last two decades. Artificial intelligence could be the worst thing to happen in the days ahead.

Baidu CEO Robin Li says more than 70 AI models already released in China

[Sep 5, 2023 7:20 AM] The CEO of Chinese tech-giant Baidu said that, since China’s new AI regulations have been in place, over 70 AI models have been released in China with over 1 billion parameters.