Tag: $Meta

OpenAI takes on Meta with dots agent in autonomous AI push

 OpenAI on Tuesday unveiled always-on agents called dots that chase user goals across apps ​on their own, deepening its push into the lucrative enterprise market and pitting it against Meta in the race to sell AI that can work autonomously.

Nvidia releases software platform to stop AI agents from misbehaving

The release on Monday of Nvidia’s Open Agent Safety Platform comes after companies including OpenAI, Anthropic, Meta, and Google disclosed recent incidents in which their artificial intelligence models escaped their sandboxes and attempted to hack other companies and access their computer systems.

Meta’s Charm gadget carries CEO Zuckerberg’s big AI ambitions

Mark Zuckerberg took repeated digs at Apple during Meta’s annual event on Wednesday, only to borrow a page from Steve Jobs’ playbook for ‌a surprise reveal: a pocket-watch-sized device that carries Meta’s viral Muse AI agent into the real world.

Wall street expects metas ai agent shape into new revenue engine

Wall Street has turned bullish on Meta Platforms, betting that its new AI agent Muse could open a new revenue stream for the social media giant and reshape the company’s ​AI monetization prospects.

German court rules Meta liable for fake ads on Instagram, Facebook

A German court has ruled that Meta is liable for fake advertisements posted by third parties on its Instagram and Facebook platforms, and ordered the U.S. tech giant to remove such content and pay damages, the court said on Thursday.

Nvidia and Meta bosses reject efforts to co-ordinate AI slowdown

Nvidia’s chief executive Jensen Huang has said no new US laws or regulations are needed to control AI development, as he rejected a united push by leading labs to co-ordinate a slowdown in research in the name of safety.

Meta launches AI agent that can access other apps to send emails, make payments

Meta rolled out on Tuesday a long-touted AI assistant that can autonomously send emails, sell a car and book travel on a person’s ‌behalf, despite internal concerns that the technology mismanages its access to sensitive personal data.

Meta agrees to pay $18 billion to settle US lawsuits over children’s social media addiction

Meta Platforms will pay up to $18 billion over the next decade and strictly limit how teenagers use Facebook and Instagram under an agreement with nearly all U.S. states to resolve claims it designed those social media platforms to addict children.

Meta, US states have discussed settling teen social media harm case, Bloomberg News reports

Meta Platforms and state attorneys general have discussed a potential mid-trial settlement of a lawsuit accusing the company of deliberately ​designing Facebook and Instagram to be addictive to young users, Bloomberg ‌News reported on Tuesday, citing people familiar with the matter.

Meta rejects claims it sought to hook children to Facebook, Instagram

Meta Platforms rejected accusations by U.S. states that it intentionally sought to addict children to its Facebook and Instagram platforms in pursuit of profit, at the start of a trial that could reshape ​some of the most popular apps on the planet.

Meta to face massive social media addiction trial Tuesday

Meta will face off against attorneys general from several states in an Oakland, Calif., courtroom Tuesday as part of a major lawsuit alleging that the company violated child safety and consumer protection laws and harmed children’s mental health.

Alibaba answers Meta’s AI challenge with new laptop-ready model

Meta wants to lead in open-source AI. China’s Alibaba just reminded the U.S. tech giant how competitive the market is.

Meta’s stock drops on disappointing guidance, dwindling free cash flow

Meta shares slid in extended trading on Wednesday after the company issued a weaker-than-expected revenue forecast and took a big hit to its cash pile.

Meta launches new app ‘Seller’ to provide sales tools for merchants

Meta, opens new tab on Friday launched a new app called “Seller” to offer dedicated selling tools to merchants ​using the company’s Facebook Marketplace platform for buying ‌and selling items.

Meta expands Louisiana data center to 5 gigawatts, investment crosses $50 billion

Meta (META.O) said on Monday its data center in Richland Parish, Louisiana, will expand to 5 ​gigawatts of compute capacity, with investment in the project increasing ‌to more than $50 billion.

Meta’s Zuckerberg says AI agent tech progressing slower than expected

Chief Executive Mark Zuckerberg acknowledged shortcomings ‌in the company’s sweeping restructuring at an internal town hall on Thursday, saying the systems known as AI agents had not progressed as quickly as he had expected, according to a recording heard by Reuters.

Meta Is Building a Cloud Business to Sell Excess AI Compute

Meta Platforms Inc. is developing plans for a cloud infrastructure business that will sell access to AI computing power and models,

India’s largest telecom and digital service Jio Platforms files for IPO

Billionaire Mukesh Ambani’s Jio Platforms, India’s largest wireless operator and digital service provider, filed draft papers for an initial public offering on Friday.

Meta Starts Unwinding Manus Deal by Splitting Operations, Data

Meta Platforms Inc. has completed an operational split from Manus and halted data sharing between the two companies, taking a pivotal step toward unwinding a $2 billion acquisition opposed by Beijing.

Meta agrees to Indian AI data center deal as hyperscaler bolsters its infrastructure

Meta Platforms plans to lease 168 MW AI-enabled data center in India from Reliance Industries.