Mark Zuckerberg calls for open-source AI as Meta releases Llama 3.1
Meta is “taking the next steps toward open-source AI becoming the industry standard,” according to CEO Mark Zuckerberg. Go to Source
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Meta to Appeal Nigeria’s $220 Million Data Privacy Fine
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has fined Meta (formerly Facebook) $220 million for alleged data privacy violations. The investigation centered on Whatsapp LLC and Meta’s failure to allow users to consent to the gathering and use of their data. The FCCPC said it imposed the fine in accordance with the FCCPA 2018, … Read more
Metaverse book gets boring rename in latest sign of waning enthusiasm
The growing malaise for metaverse hype is reminiscent of the AI sector directly before the launch of GPT-3. Go to Source
SETI, NASA scientists think AI could teach aliens about Earth
The question is: which model best represents humanity? Go to Source
Meta reportedly cut metaverse budget by 20% as Q2 earnings call looms
Despite Q1 company earnings rising 27% year-over-year, Reality Labs will have to cut costs. Go to Source
OpenAI turns to Broadcom as Musk, Zuckerberg snatch up Nvidia AI chips
The run on training hardware has put chipmakers at the forefront of the general artificial intelligence boom. Go to Source
Meta won’t launch new AI products in EU, citing ‘regulatory uncertainty’
The door is now wide open for Google and Microsoft to gain first movers’ advantage over the entire continent. Go to Source
Bitcoin’s Market Cap at Risk of Falling Below $1 Trillion for First Time in 4 Months
According to recent statistics on Saturday, July 6, 2024, bitcoin’s market capitalization is nearing the $1 trillion mark. If bitcoin’s value drops by $110 billion, it will hit a low not seen since late February 2024. Bitcoin Market Cap Teeters on $1 Trillion Mark Bitcoin (BTC) has experienced a challenging month, losing about 20% against … Read more
As Meta’s Threads celebrates first anniversary, will it now become a challenger to X?
Despite Threads hitting 175 million monthly active users, it’s still too early to say whether it could become another X one day. Go to Source
Meta Launches Awards to Drive AI Innovation in Developing Regions
Meta launched the Meta Llama Impact Innovation Awards to support organizations in developing regions that use Meta’s advanced AI models, Llama 2 and 3, to solve local problems in education, environment, and other areas. The AI models are recognized for their enhanced reasoning capabilities and potential to drive economic and social opportunities. Grants of up … Read more