Meta drops 15% on weak outlook and high AI and metaverse spending
Meta shares dipped after a disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year as it aims to “invest aggressively” in its AI products. Go to Source
Meta.
Auto Added by WPeMatico
Google slashes price of Gemini AI model, opens up to developers
The Google parent company Alphabet said it is slashing prices for its pro version of AI model Gemini and plans to make its tools more accessible to developers to create their own versions. Go to Source
Meta releases ‘Purple Llama’ AI security suite to meet White House commitments
Meta believes that this is “the first industry-wide set of cyber security safety evaluations for Large Language Models (LLMs).” Go to Source
Meta to fight AI-generated fake news with ‘invisible watermarks’
Meta will make use of a deep-learning model to apply watermarks to images generated with its AI tool, which would be invisible to the human eye. Go to Source
IBM, Meta and others form ‘AI Alliance’ to advance AI development
In a joint statement, IBM and Meta outlined the AI Alliance’s objectives, emphasizing a commitment to safety, collaboration, diversity, economic opportunity, and universal benefits. Go to Source
Meta’s AI boss says there’s an ‘AI war’ underway and Nvidia is ‘supplying the weapons’
The outspoken executive also said that Meta isn’t pursuing quantum computing because it isn’t currently useful. Go to Source
Meta dissolves responsible AI division amid restructuring
The RAI restructuring comes as the Facebook parent nears the end of its “year of efficiency,” as CEO Mark Zuckerberg called it during a February earnings call. Go to Source
Meta introduces AI models for video generation, image editing
Social media company Meta is developing new AI-based tools for Facebook and Instagram users Go to Source
Meta bans usage of generative AI ad creation tools for political advertisers
Meta updated its help center with a note explaining that political advertisers are prohibited from using its new generative AI ad campaign creation tools. Go to Source
TikTok, Snapchat, OnlyFans and others to combat AI-generated child abuse content
Major social platforms, AI companies, governments and NGOs issued a joint statement pledging to combat AI-generated abusive content, such as explicit images of children. Go to Source
