Meta, Blue Owl Close $30 Billion Private Capital Deal for AI
In a landmark deal, Meta Platforms Inc is set to secure nearly $30 billion to finance its Hyperion data centre in rural Louisiana. This makes...
Tag : Meta Platforms
Apple Loses Fourth AI Researcher in a Month to Meta’s Superintelligence Team
Apple has lost its fourth AI researcher in a month to Meta, highlighting growing challenges in its AI push. Bowen Zhang, a key member of...
Meta Launches ‘Edits’ App for Short-Form Video Creation
Meta has launched a new standalone app called Edits for mobile video creation. First teased by Instagram head Adam Mosseri in January, the app is...
Meta Faces Regulatory Anger in Australia for Scraping User Data
Australian senators questioned top Meta executives about allowing users to choose whether their data is collected. They were concerned about Meta’s use of public Facebook...
India Becomes the Largest Market for Meta AI usage, N.P. Increased by 73%
Meta released its A.I. chatbot in India in June. It’s the company’s largest market, with over a billion subscribers across its apps, such as Facebook,...
Meta AI Now Available in Seven New Languages including Hindi
Meta AI is now available in seven new languages, including Hindi and Hindi-Romanized Script. Users can now interact with Meta AI on WhatsApp, Instagram, Messenger,...
EU Plans To Charge Meta Over the ‘Pay or Consent’ as per FT Report
The parent company of Facebook, Meta, is under scrutiny by the European Union (EU) for allegedly violating the EU’s new digital regulations with its ‘pay...
Apple’s Shares slip after mixed Results, While Amazon and Meta Surge on Robust Numbers
Apple, Amazon and Meta, three of the biggest tech companies, reported their quarterly earnings for the December 2023 fiscal quarter. While shares of Amazon and...
New Zealand Plans Law Requiring Facebook and Google to Pay for News
The New Zealand government said it would introduce a law requiring big tech companies such as Alphabet Inc’s Google and Meta Platforms Inc to pay...
Meta Platforms Confirming Cost Cuts to be a Key Catalyst, Morgan Stanley Says
The Wall Street Journal has reported that Meta Platforms (NASDAQ: META) may cut costs by 10 cents or more over the next few months. The...