Meta built the modern social network. Now it is spending billions on making it obsolete
8 months, 2 weeks ago

Meta built the modern social network. Now it is spending billions on making it obsolete

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Almost all of Meta’s money comes from ads shown to people on social networks. In its most recent results, released this week, Meta said that the “Reality Labs” operation that aims to build the metaverse lost $3.85 billion. In much the same way as the metaverse, Meta would prefer to be thought of as artificial intelligence company, rather than a social network one. “But now it seems pretty clear that there’s also a meaningful market for fashionable AI glasses without a display.” Those glasses might offer a hint at the future of Meta: smart technology on our faces to enable the metaverse, powered by AI.

Money Ai Indytech Zuckerberg Social Networks Metaverse Meta  spending  modern  making  obsolete  metaverse  meta  sign  glasses  money  network  ai  artificial  work  built  social  networks  billions

History of this topic

Meta May Introduce AI-Powered User Accounts on Facebook, Instagram
6 days, 22 hours ago

Meta May Introduce AI-Powered User Accounts on Facebook, Instagram

Deccan Chronicle  

Tech giant Meta might introduce AI bots on its social media platforms Facebook and Instagram. Meta has already introduced AI features to the platforms, and now the social media giant is planning for AI-powered user accounts. “We expect these AIs to actually, over time, exist on our platforms, kind of in the same way that accounts do,” Connor Hayes, vice-president …

Intel searches for a spark, wholesome VPN plans, and Dia AI browser succeeds Arc
1 month ago

Intel searches for a spark, wholesome VPN plans, and Dia AI browser succeeds Arc

Hindustan Times  

Something had to give. Some of you may remember, I’d raised this topic a few weeks ago, contextualizing Intel’s $10 billion cost savings plan for 2025, a planned headcount reduction of 15,000 in its global workforce and why it has fallen behind in the AI chip race which has seen Nvidia, Qualcomm, Apple, AMD and Google race ahead. Intel may …

Meta's AI-Powered Search Engine: A Game Changer for India
2 months, 1 week ago

Meta's AI-Powered Search Engine: A Game Changer for India

Hindustan Times  

Meta's entry into the search engine market signals a significant shift in how we navigate the digital world. Meta's AI-driven search engine, Perplexity.ai, will be the key to navigating and discovering information within the metaverse. This could empower small businesses, bridge the digital divide, and fuel a new wave of innovation and economic growth.

Meta AI tools come to UK for first time
2 months, 4 weeks ago

Meta AI tools come to UK for first time

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Meta’s generative AI tools, including …

Zuckerberg secures green light to train AI on public British Facebook posts
3 months, 3 weeks ago

Zuckerberg secures green light to train AI on public British Facebook posts

The Telegraph  

Mark Zuckerberg’s Meta has been given the green light to use millions of Britons’ Facebook and Instagram data to supercharge its artificial intelligence technology in a break with the EU. The UK’s data privacy regulator, the Information Commissioner’s Office, has waved through plans from Meta, the owner of Facebook and Instagram, to harvest billions of public posts and images from …

Meta in talks to use voices of Judi Dench, Awkwafina for AI: Report
5 months ago

Meta in talks to use voices of Judi Dench, Awkwafina for AI: Report

The Hindu  

Meta is in discussions with actors such as Awkwafina and Judi Dench, as well as influencers, for the right to use their voices in its MetaAI digital assistant product, the New York Times said on Friday. The social media giant is also in talks with comedian Keegan-Michael Key, among other celebrities, and Hollywood's top talent agencies were involved in negotiations, …

Meta shares surge after tech giant reports $13.5bn profit
5 months, 1 week ago

Meta shares surge after tech giant reports $13.5bn profit

Al Jazeera  

CEO Mark Zuckerberg says Meta AI is on track to be the most used AI assistant worldwide by the year’s end. “We had a strong quarter, and Meta AI is on track to be the most used AI assistant in the world by the end of the year,” Meta founder and CEO Mark Zuckerberg said. “We’ve released the first frontier-level …

Facebook owner Meta seeks to train AI model on European data as it faces privacy concerns
6 months, 4 weeks ago

Facebook owner Meta seeks to train AI model on European data as it faces privacy concerns

The Hindu  

Meta wants to use data from users in privacy-conscious Europe to train its artificial intelligence models, the social media giant said Monday as it faces concerns about data protection while battling to keep up with rivals like OpenAI and Google. Meta's AI training efforts are hampered by stringent European Union data privacy laws, which give people control over how their …

Facebook owner Meta seeks to train AI model on European data as it faces privacy concerns
6 months, 4 weeks ago

Facebook owner Meta seeks to train AI model on European data as it faces privacy concerns

Associated Press  

LONDON — Meta wants to use data from users in privacy-conscious Europe to train its artificial intelligence models, the social media giant said Monday as it faces concerns about data protection while battling to keep up with rivals like OpenAI and Google. Meta’s AI training efforts are hampered by stringent European Union data privacy laws, which give people control over …

One Tech Tip: Want to turn off Meta AI? You can’t — but there are some workarounds
7 months, 1 week ago

One Tech Tip: Want to turn off Meta AI? You can’t — but there are some workarounds

Associated Press  

SAN FRANCISCO — If you use Facebook, WhatsApp or Instagram, you’ve probably noticed a new character pop up answering search queries or eagerly offering tidbits of information in your feeds, with varying degrees of accuracy. It’s Meta AI, and it’s here to help, at least according to Meta Platforms’ CEO Mark Zuckerberg, who calls it “the most intelligent AI assistant …

Meta now has an AI chatbot. Experts say get ready for more AI-powered social media
8 months, 1 week ago

Meta now has an AI chatbot. Experts say get ready for more AI-powered social media

LA Times  

“AI is increasingly driving lots of communication online,” a University of Pennsylvania professor says. “Our goal is to build the world’s leading AI and make it available to everyone,” said Mark Zuckerberg, the chief executive officer at Meta, as he announced the chatbot’s launch two weeks ago. “We believe that meta AI is now the most intelligent AI assistant that …

Meta’s newest AI model beats some peers. But its amped-up AI agents are confusing Facebook users
8 months, 3 weeks ago

Meta’s newest AI model beats some peers. But its amped-up AI agents are confusing Facebook users

Associated Press  

— Facebook parent Meta Platforms unveiled a new set of artificial intelligence systems Thursday that are powering what CEO Mark Zuckerberg calls “the most intelligent AI assistant that you can freely use.” But as Zuckerberg’s crew of amped-up Meta AI agents started venturing into social media this week to engage with real people, their bizarre exchanges exposed the ongoing limitations …

Meta's newest AI model beats some peers. But its amped-up AI agents are confusing Facebook users
8 months, 3 weeks ago

Meta's newest AI model beats some peers. But its amped-up AI agents are confusing Facebook users

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. “The vast majority of consumers …

Meta joins AI race against rivals Google, Microsoft; in works to create 'human-level' AI soon
11 months, 3 weeks ago

Meta joins AI race against rivals Google, Microsoft; in works to create 'human-level' AI soon

Hindustan Times  

With Microsoft leading the space of artificial intelligence across the globe with OpenAI, rival firm Meta is also planning to join the AI race. Meta CEO Mark Zuckerberg announces new AI project Meta CEO Mark Zuckerberg, in an interview with The Verge, said on Thursday that his company is joining the pursuit of creating super artificial intelligence, with an aim …

Meta CEO Mark Zuckerberg was warned that Instagram and Facebook could go extinct, here is why
1 year, 1 month ago

Meta CEO Mark Zuckerberg was warned that Instagram and Facebook could go extinct, here is why

India Today  

ChatGPT launched in November 2022 and took the world by surprise. And now, reports say that the situation was similar at Meta too, as the company's top AI scientist had warned CEO Mark Zuckerberg about the "possible extinction" of Facebook and Instagram if they didn't catch up with ChatGPT. According to a report by The New York Times, Yann LeCun, …

Meta's new AI assistant trained on public Facebook and Instagram posts
1 year, 3 months ago

Meta's new AI assistant trained on public Facebook and Instagram posts

The Hindu  

Meta Platforms used public Facebook and Instagram posts to train parts of its new Meta AI virtual assistant, but excluded private posts shared only with family and friends in an effort to respect consumers' privacy, the company's top policy executive told Reuters in an interview. Meta also did not use private chats on its messaging services as training data for …

Facebook and Instagram users' photos and videos were used to train Meta's new AI assistant
1 year, 3 months ago

Facebook and Instagram users' photos and videos were used to train Meta's new AI assistant

India Today  

Artificial Intelligence has become one of the most talked-about technologies in the last couple of months. Meta AI trained on Instagram, Facebook posts The Reuters report quotes Meta's President of Global Affairs Nick Clegg saying that the company's recently-launched AI assistant largely trained on data publicly available on Facebook and Instagram. "We've tried to exclude datasets that have a heavy …

Meta Connect 2023: Mark Zuckerberg unveils AI assistant, Facebook-streaming glasses
1 year, 3 months ago

Meta Connect 2023: Mark Zuckerberg unveils AI assistant, Facebook-streaming glasses

Hindustan Times  

Meta Platforms Chief Executive Mark Zuckerberg on Wednesday rolled out new AI products for consumers, including bots that create photo-realistic images and smart glasses that answer questions, as well as an updated virtual-reality headset. Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday Zuckerberg described the products as …

No More Loneliness? Meta is launching AI-powered chatbots for people to ‘befriend’, chat with on Facebook
1 year, 5 months ago

No More Loneliness? Meta is launching AI-powered chatbots for people to ‘befriend’, chat with on Facebook

Firstpost  

Meta is planning to launch a number of AI chatbots so that users can befriend and chat with them. The chatbots can be personalised in any way users want and can even speak like historical figures Meta, the parent company of Facebook, is preparing to introduce AI-powered chatbots designed to entice users back to the massive social media platform. The …

Facebook parent Meta makes public its ChatGPT rival Llama
1 year, 5 months ago

Facebook parent Meta makes public its ChatGPT rival Llama

The Hindu  

Facebook parent company Meta Platforms has built an artificial intelligence system that rivals the likes of ChatGPT and Google's Bard but it's taking a different approach: releasing it for free. Meta CEO Mark Zuckerberg said Tuesday that the company is partnering with Microsoft to introduce the next generation of its AI large language model and making the technology, known as …

Facebook parent Meta launches its ChatGPT rival Llama
1 year, 5 months ago

Facebook parent Meta launches its ChatGPT rival Llama

Deccan Chronicle  

MENLO PARK: Facebook parent company Meta Platforms has built an artificial intelligence system that rivals the likes of ChatGPT and Google’s Bard but it’s taking a different approach: releasing it for free. Meta CEO Mark Zuckerberg said Tuesday that the company is partnering with Microsoft to introduce the next generation of its AI large language model and making the technology, …

Facebook parent Meta makes public its ChatGPT rival Llama
1 year, 5 months ago

Facebook parent Meta makes public its ChatGPT rival Llama

Associated Press  

MENLO PARK, Calif. — Facebook parent company Meta Platforms has built an artificial intelligence system that rivals the likes of ChatGPT and Google’s Bard but it’s taking a different approach: releasing it for free. Meta CEO Mark Zuckerberg said Tuesday that the company is partnering with Microsoft to introduce the next generation of its AI large language model and making …

Meta releases 'human-like' AI image creation model
1 year, 6 months ago

Meta releases 'human-like' AI image creation model

The Hindu  

Meta Platforms said on Tuesday that it would provide researchers with access to components of a new "human-like" artificial intelligence model that it said can analyse and complete unfinished images more accurately than existing models. The model, I-JEPA, uses background knowledge about the world to fill in missing pieces of images, rather than looking only at nearby pixels like other …

Facebook owner Meta touts AI might as digital ads boost outlook, shares
1 year, 8 months ago

Facebook owner Meta touts AI might as digital ads boost outlook, shares

The Hindu  

Meta Platforms Inc. CEO Mark Zuckerberg said on Wednesday that AI was helping the company boost traffic to Facebook and Instagram and earn more in ad sales, as it forecast quarterly revenue well above analyst expectations. "I think similar to Alphabet, a lot of Meta's AI investments have gone into the advertiser side," said James Cordwell, analyst at Atlantic Equities. …

Meta will keep releasing AI tools despite leak claims
1 year, 10 months ago

Meta will keep releasing AI tools despite leak claims

The Hindu  

Meta Platforms Inc. on Monday said it will continue to release its artificial intelligence tools to approved researchers despite claims on online message boards that its latest large language model had leaked to unauthorised users. "While the model is not accessible to all, and some have tried to circumvent the approval process, we believe the current release strategy allows us …

Meta, formerly Facebook, faces historic drop as stock tanks
2 years, 11 months ago

Meta, formerly Facebook, faces historic drop as stock tanks

Associated Press  

Meta is putting a lot of virtual eggs — and billions of dollars — into the metaverse basket, and Wall Street is pretty anxious about it. At the same time, it invested more than $10 billion in CEO Mark Zuckerberg’s ambitious plan to transform Meta Platforms Inc. into a virtual reality — actually, make that “metaverse-based” — company. “Betting big …

Facebook parent Meta creates powerful AI supercomputer
2 years, 11 months ago

Facebook parent Meta creates powerful AI supercomputer

The Hindu  

Facebook’s parent company Meta on Monday said it has created what it believes is among the fastest artificial intelligence supercomputers running today. Meta says it will help its AI researchers build “new and better” artificial intelligence models that can learn from “trillions” of examples and work across hundreds of different languages simultaneously and analyze text, images and video together. The …

Facebook At Risk Of Missing The Point Of Metaverse: Report
3 years, 1 month ago

Facebook At Risk Of Missing The Point Of Metaverse: Report

ABP News  

New Delhi: Social networking giant Facebook, which adopted a new moniker Meta in late October, based on sci-fi term metaverse, is at the risk of missing the point of metaverse if it is not able to permit digital ownership, a new report says. According to a report by news agency Reuters, metaverse participants do not think the social media giant …

Plenty of pitfalls await Zuckerberg’s ‘metaverse’ plan
3 years, 2 months ago

Plenty of pitfalls await Zuckerberg’s ‘metaverse’ plan

Associated Press  

When Mark Zuckerberg announced ambitious plans to build the “metaverse” — a virtual reality construct intended to supplant the internet, merge virtual life with real life and create endless new playgrounds for everyone — he promised that “you’re going to able to do almost anything you can imagine.” That might not be such a great idea. “There is a potential …

EXPLAINER: What is the metaverse and how will it work?
3 years, 2 months ago

EXPLAINER: What is the metaverse and how will it work?

Associated Press  

The term “metaverse” is the latest buzzword to capture the tech industry’s imagination — so much so that one of the best-known internet platforms is rebranding to signal its embrace of the futuristic idea. Facebook CEO Mark Zuckerberg’s Thursday announcement that he’s changing his company’s name to Meta Platforms Inc., or Meta for short, might be the biggest thing to …

Facebook changes name to Meta to highlight virtual reality shift
3 years, 2 months ago

Facebook changes name to Meta to highlight virtual reality shift

Al Jazeera  

Facebook is changing its name to Meta – a move that decouples its corporate identity from its social network, which has been under increasing fire. Facebook Inc. is re-christening itself Meta, decoupling its corporate identity from the eponymous social network mired in toxic content, and highlighting a shift to an emerging computing platform focused on virtual reality. “The metaverse is …

Facebook plans to hire 10,000 in Europe to build ‘metaverse’
3 years, 2 months ago

Facebook plans to hire 10,000 in Europe to build ‘metaverse’

Associated Press  

LONDON — Facebook said it plans to hire 10,000 workers in the European Union over the next five years to work on a new computing platform that promises to connect people virtually but could raise concerns about privacy and the social platform gaining more control over people’s online lives. The company said in a blog post Sunday that those high-skilled …

Facebook finally explains what the ‘metaverse’ is – and says it’s coming in the next 10 years
3 years, 3 months ago

Facebook finally explains what the ‘metaverse’ is – and says it’s coming in the next 10 years

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Facebook says that a “fully realised” metaverse will come in the next 10 …

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