Microsoft, Meta talk up their big AI ambitions and spending plans
1 month, 3 weeks ago

Microsoft, Meta talk up their big AI ambitions and spending plans

Live Mint  

Meta Platforms unveiled plans to make artificial intelligence more personalized this year, and Microsoft predicted “exponentially more demand" for AI products. “There’s a number of novel things that they did that I think we’re still digesting," Zuckerberg said on a call with analysts after Meta reported record quarterly sales and strong profit growth. “There’s going to be an open-source standard globally," he said on Meta’s earnings call in response to a question about DeepSeek. “People don’t all want to use the same AI," he said.

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History of this topic

Meta Plans To Launch Stand-Alone AI App: Report
3 weeks, 5 days ago

Meta Plans To Launch Stand-Alone AI App: Report

Deccan Chronicle  

San Francisco: Meta plans to add an artificial intelligence app to its stable of stand-alone offerings including Instagram, Facebook and WhatsApp, according to a report Thursday by CNBC. An independent app devoted to AI would fit into Meta chief Mark Zuckerberg's stated vision of having the most used AI assistant in the world. CNBC cited people familiar with the matter …

Meta is reportedly developing a standalone Meta AI app with paid subscription option
3 weeks, 5 days ago

Meta is reportedly developing a standalone Meta AI app with paid subscription option

India Today  

Meta is working on launching a standalone app for its AI assistant, Meta AI, which will join its family of apps like Facebook, Instagram, and WhatsApp, as per a report by CNBC. During Meta’s fourth-quarter earnings call in January, Zuckerberg emphasised the importance of AI, stating, “This is going to be the year when a highly intelligent and personalized AI …

Meta in talks for $200 billion AI data centre project: Report
1 month ago

Meta in talks for $200 billion AI data centre project: Report

The Hindu  

Meta Platforms is in discussions to construct a new data center campus for its artificial intelligence projects, with potential costs exceeding $200 billion, The Information reported on Tuesday, citing people familiar with the matter. Meta executives have informed data center developers that the company is considering building the campus in states including Louisiana, Wyoming or Texas, with senior leaders having …

Meta plans investments into AI-driven humanoid robots, memo shows
1 month, 1 week ago

Meta plans investments into AI-driven humanoid robots, memo shows

The Hindu  

Meta Platforms is establishing a new division within its Reality Labs unit to develop AI-powered humanoid robots that can assist with physical tasks, according to an internal company memo viewed by Reuters on Friday. In the memo, Meta Chief Technology Officer Andrew Bosworth said the robotics product group would focus on research and development involving "consumer humanoid robots with a …

Mark Zuckerberg to invest over $65 billion as CAPEX for AI infrastructure, data centres in 2025
1 month, 3 weeks ago

Mark Zuckerberg to invest over $65 billion as CAPEX for AI infrastructure, data centres in 2025

Firstpost  

In a recent post, Zuckerberh outlined how Meta plans to build a 2GW+ data centre. Zuckerberg also mentioned that by the end of 2025, Meta will have more than 1.3 million GPUs online, further powering its AI operations While Meta’s investment is no small feat, it still lags behind the hefty plans of its competitors. Image Credit: Reuters Meta is …

Microsoft and Meta defend massive AI investments amid rising competition from DeepSeek
1 month, 3 weeks ago

Microsoft and Meta defend massive AI investments amid rising competition from DeepSeek

Live Mint  

In the wake of a breakthrough by Chinese upstart DeepSeek in affordable AI computing, executives at Microsoft and Meta have defended their significant investments in AI infrastructure, despite growing concerns over mounting costs and investor impatience. This rapid progress has sparked doubts about the U.S.'s dominant position in AI, with some observers questioning whether the enormous capital investments made by …

Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
Trending News
1 month, 3 weeks ago

Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world

Deccan Chronicle  

Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, the chief executives of Microsoft and Meta defended massive spending that they said was key to staying competitive in the new field. DeepSeek's quick progress has stirred doubts about the lead America has in AI with models that it claims can match …

Today’s Cache | OpenAI alleges Chinese AI distillation; Meta settles Trump lawsuit; Tech CEOs defend AI spending after DeepSeek
1 month, 3 weeks ago

Today’s Cache | OpenAI alleges Chinese AI distillation; Meta settles Trump lawsuit; Tech CEOs defend AI spending after DeepSeek

The Hindu  

OpenAI alleges Chinese AI distillation ChatGPT-maker OpenAI has alleged that China-based companies are distilling the models of U.S.-based AI companies, stressing that it would work closely with the U.S. government to protect its technology from foreign rivals. The statement comes as China-based DeepSeek’s AI model R1 triggered both euphoria and alarm as the model, reportedly produced at a far lower …

Meta sends mixed signals as quarterly sales beat estimates but outlook muted
1 month, 3 weeks ago

Meta sends mixed signals as quarterly sales beat estimates but outlook muted

The Hindu  

Meta Platforms beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how its bets on pricey artificial intelligence-powered tools are paying off. Meta shares were flat after the market closed but rose as CEO Mark Zuckerberg spoke optimistically about Meta's AI initiatives and how …

Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
Trending News
1 month, 3 weeks ago

Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world

Hindustan Times  

Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, the chief executives of Microsoft and Meta defended massive spending that they said was key to staying competitive in the new field. Meta announced on Friday that they had begun testing DeepSeek's quick progress has stirred doubts about the lead America has …

The DeepSeek Effect? Sam Altman vows OpenAI to fast track development of ‘better models,’ launch them soon
1 month, 3 weeks ago

The DeepSeek Effect? Sam Altman vows OpenAI to fast track development of ‘better models,’ launch them soon

Firstpost  

Sam Altman acknowledged DeepSeek’s impressive performance, stating on X that the competition is “invigorating.” However, he emphasized that OpenAI is focused on delivering “much better models” and that computing power will be even more critical moving forward In response to the growing competition from Chinese AI startup DeepSeek, OpenAI CEO Sam Altman has pledged to fast-track product releases and deliver …

Silicon Valley rattled by low-cost Chinese AI
1 month, 3 weeks ago

Silicon Valley rattled by low-cost Chinese AI

Raw Story  

by Alex PIGMAN Fears that the AI gold rush could be under threat rocked Wall Street on Monday following the emergence of a ChatGPT-like model from China, triggering predictions of turmoil for Silicon Valley and accusations of cheating. On his first full day in office, Trump last week announced a major AI infrastructure project with OpenAI and Japan's SoftBank, emphasizing …

Meta CEO Mark Zuckerberg believes having hobbies and free time makes going back to work easier
7 months, 2 weeks ago

Meta CEO Mark Zuckerberg believes having hobbies and free time makes going back to work easier

India Today  

We're seeing a new side of Mark Zuckerberg, or we can call it Zuckerberg 2.0. In a recent interview with Bloomberg, Zuckerberg revealed that lately, he's been enjoying a lot of activities in his free time, including farming cattle, practising jiu-jitsu, and wakesurfing. While Zuckerberg is sharing a sneak peek into his rich billionaire life and navigating a personal transformation, …

Meta in talks to use voices of Judi Dench, Awkwafina for AI: Report
7 months, 3 weeks 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
7 months, 3 weeks 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 …

How Open-sourcing AI made Mark Zuckerberg a Silicon Valley darling, again
9 months, 3 weeks ago

How Open-sourcing AI made Mark Zuckerberg a Silicon Valley darling, again

Hindustan Times  

Open-sourcing AI made Meta’s CEO Mark Zuckerberg popular again in Silicon Valley, with competitors following suit. Meta CEO Mark Zuckerberg Since Meta’s first fully open-source AI model called LLaMA 2 was released in July last year, the software has been downloaded more than 180 million times,the company said. software to perform everything from helping clinicians read radiology scans to creating …

Meta CEO Mark Zuckerberg tells investors to stay patient: ‘More ambitious on AI’
11 months ago

Meta CEO Mark Zuckerberg tells investors to stay patient: ‘More ambitious on AI’

Hindustan Times  

Mark Zuckerberg asked investors to stay patient after Meta revealed that it will spend billions of dollars more than expected this year owing to investments in artificial intelligence. Meta CEO Mark Zuckerberg delivers a speech, as the letters AI for artificial intelligence appear on screen. “Smart investors see that the product is scaling and that there is a clear monetizable …

Meta is spending around $40 billion on AI services and Mark Zuckerberg has a plan to earn it all back
11 months ago

Meta is spending around $40 billion on AI services and Mark Zuckerberg has a plan to earn it all back

India Today  

Meta is making substantial investments in artificial intelligence to position itself as a leader in the field. While the investment is significant and mainly focused on AI, Meta's latest AI model, Llama 3, has also led its CEO, Mark Zuckerberg, to become "more ambitious and optimistic about AI." This plan includes three approaches: Meta's Plan for Business Messaging with AI …

Mark Zuckerberg is writing personally to engineers at Google Deepmind, trying to poach them for Meta
11 months, 3 weeks ago

Mark Zuckerberg is writing personally to engineers at Google Deepmind, trying to poach them for Meta

Firstpost  

Meta is trying to aggressively recruit AI engineers and is employing various tactics to attract top researchers. Image Credit: AFP Meta CEO Mark Zuckerberg has reportedly resorted to personally reaching out to talent at Google’s DeepMind, penning personal emails in an effort to lure them to Meta’s AI projects. This move underscores the intensifying competition for AI talent, with Meta …

Meta Boss Mark Zuckerberg Bets Big On Artificial General Intelligence To Take On OpenAI, Google. Know What AGI Is
1 year, 2 months ago

Meta Boss Mark Zuckerberg Bets Big On Artificial General Intelligence To Take On OpenAI, Google. Know What AGI Is

ABP News  

Meta CEO Mark Zuckerberg shared his keen interest in the development of Artificial General Intelligence, an advanced form of artificial intelligence surpassing human intelligence in various domains. He stated, "The evolution of services demands the construction of full general intelligence," asserting Meta's long-term vision to open-source AGI responsibly for widespread benefit. Google recently introduced Gemini, the latest LLM model family, …

Meta joins AI race against rivals Google, Microsoft; in works to create 'human-level' AI soon
1 year, 2 months 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 ramps up AI efforts by building chip arsenal, consolidating teams
1 year, 2 months ago

Meta ramps up AI efforts by building chip arsenal, consolidating teams

The Hindu  

Meta CEO Mark Zuckerberg said on Thursday that the company was bringing its AI research team "closer together" with a more business-focused generative AI team launched last year, doubling down on a push to get the technology into products. The social media giant was building out its infrastructure to accommodate the push and planned to have about 350,000 H100 GPUs …

Mark Zuckerberg aims to create super-intelligent AI (AGI): What's the big idea?
1 year, 2 months ago

Mark Zuckerberg aims to create super-intelligent AI (AGI): What's the big idea?

India TV News  

Mark Zuckerberg aims to create super-intelligent AI : What's the big idea? Meta CEO Mark Zuckerberg plans to create super-smart AI called "Artificial General Intelligence" and share it with everyone. Meta CEO Mark Zuckerberg wants to make something called "Artificial General Intelligence". Mark Zuckerberg's Idea Meta is doing some big things with AI.

Meta is developing a new, more powerful AI system
1 year, 6 months ago

Meta is developing a new, more powerful AI system

The Hindu  

Meta Platforms is working on a new artificial-intelligence system intended to be as powerful as the most advanced model offered by OpenAI, the Wall Street Journal reported on Sunday, citing people familiar with the matter. Llama 2 is Meta’s open source AI language model launched in July, and distributed by Microsoft’s cloud Azure services to compete with OpenAI’s ChatGPT and …

Meta opens up LLaMA AI model to the public, will be a massive challenge for OpenAI, Google
1 year, 8 months ago

Meta opens up LLaMA AI model to the public, will be a massive challenge for OpenAI, Google

Firstpost  

Meta’s AI model, LLaMA, which was only meant for academics and research has now been made available to the general public for free, and will be available through Microsoft’s Azure platform. Meta’s AI will pose a big challenge to OpenAI’s ChatGPT and Google Bard Meta, the owner of Facebook, has unveiled a new version of its artificial intelligence model, which …

Mark Zuckerberg Was Early in AI. Now Meta Is Trying to Catch Up.
1 year, 9 months ago

Mark Zuckerberg Was Early in AI. Now Meta Is Trying to Catch Up.

Live Mint  

A decade ago, the company founder and CEO saw the promise for artificial intelligence and invested large sums of money into its advancement. That’s a tall order as many of Meta’s top AI employees have departed and amid the company’s own sets of layoffs in what Zuckerberg has called a “year of efficiency." Meta’s AI research unit “is one of …

Meta employs AI chatbot trained on company data for employee support: Know everything
1 year, 9 months ago

Meta employs AI chatbot trained on company data for employee support: Know everything

India TV News  

Meta, the parent company of Facebook, is reportedly introducing an in-house artificial intelligence chatbot called 'Metamate' to its employees. By using the wealth of internal data available, the chatbot has the potential to assist employees in various tasks, offering efficient meeting summaries and aiding in coding and debugging efforts. Earlier this year, Meta CEO Mark Zuckerberg announced the formation of …

Meta will keep releasing AI tools despite leak claims
2 years 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 …

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