Meta continues to reshape its future by shifting its focus from the metaverse to artificial intelligence (AI), committing approximately $72 billion to this ambitious pivot. The company has identified AI as the cornerstone of its next growth phase, redirecting resources toward cutting-edge machine learning and AI development. Today Mark shared ...
ZOOT, a next-generation iGaming platform that merges video game dynamics with blockchain-based payments, has secured $6 million in seed funding to accelerate its global expansion. The funding round was led by crypto-focused investment firm CoinFund, with additional backing from Griffin Gaming Partners. The platform was co-founded by Sean Ryan, the ...
Meta may be preparing for a quiet return to the crypto space, as internal discussions hint at a potential rollout of stablecoin payments across its platforms, including Instagram. According to multiple sources cited by Fortune on May 8, the tech giant is in preliminary talks with cryptocurrency infrastructure providers, exploring ...
Meta has received the go-ahead from the European Data Protection Board to begin training its artificial intelligence models with publicly shared content from its platforms, including Facebook, Instagram, WhatsApp, and Messenger. In a blog post published on April 14, the tech giant revealed that it will now use posts and ...
Australian prosecutors have dropped charges against Meta, Facebook’s parent company, in the ongoing lawsuit against the company brought by billionaire Andrew Forrest over fraudulent crypto ads circulating on the social media platform. According to a report from Reuters, a spokesperson from the Commonwealth Director of Public Prosecutions said the department ...
Meta, the parent company of Facebook and Instagram, is making a strategic move to assert its dominance in the AI sector by introducing AI-powered chatbots with human-like personalities, according to a report by the Financial Times on August 1, 2023. The Financial Times, citing sources familiar with the matter, claimed ...
Meta is reportedly planning to release a commercial version of its artificial intelligence (AI) model in a move aimed at expanding its use across different industries. The tech giant had previously released its large language model (LLM), LLaMa, in February 2023. This first version of the AI model was targeted ...
Prominent authors Richard Kadrey, Christopher Golden, and Sarah Silverman have filed a lawsuit against Meta and OpenAI on allegations of copyright infringement. The lawsuit centres around the unauthorized use of copyrighted content in the training datasets of both companies' artificial intelligence (AI) tools: LLaMa and ChatGPT. The authors claimed that ...
Several advocacy and safety groups have written to Mark Zuckerberg, the CEO of Meta, urging the company to abandon its plans to allow children access to the metaverse. The letter, signed by major safety organizations including Airplay, the Center for Countering Digital Hate, and Common Sense Media, among others, asks ...
