Meta’s AI chief slams Elon Musk over hype, conspiracy theories
It’s scientist versus business mogul as X.com’s biggest nerd fight plays out in real time. Go to Source
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Coinbase, Ripple, Meta Join Forces to Fight Crypto Scams, Including Pig Butchering
Leading crypto and tech companies, including Coinbase, Ripple, Meta, Kraken, and Gemini, have formed a coalition to combat online fraud, including crypto scams like the pig butchering scheme. “We are dedicated to disrupting emerging online scams through collaboration, information sharing, and enhanced consumer education,” said Coinbase’s chief security officer. ‘Tech Against Scams’ Coalition Established Several … Read more
Bitcoin volatility plunges below Tesla, Nvidia stocks amid $100K price prediction
Lower Bitcoin market volatility often precedes significant bull runs, suggesting that the current trend could propel prices toward the $100,000 to $150,000 range. Go to Source
Meta’s letting Xbox, Lenovo, and Asus build new Quest metaverse hardware
Each company has its own special plans for the Quest mixed-reality device. Go to Source
Meta Faces Tough Market Response as AI Investments Surge and Metaverse Losses Continue
Meta’s shares dropped 15% in after-hours trading following announcements in April of plans for significant investment in AI, alongside a weaker revenue outlook and continued losses in its metaverse division, Reality Labs. The company anticipates its expenses will soar to between $96 billion and $99 billion for the fiscal year, attributing the increase to higher … Read more
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
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