Tag: meta platform

Meta Leaders Say They’re Not Seeing AI Election Disinformation
10Apr By adminNo Comments
Technology

Meta Leaders Say They’re Not Seeing AI Election Disinformation

[ad_1] Meta Platforms Inc. is under immense pressure to ensure that social media content created by artificial intelligence doesn't cause havoc with elections this year. The company's top leaders say they haven't seen that happen yet on their services.“So far, it's been very striking how little these tools have been used on a systemic basis to try to subvert or disrupt these elections,” Nick Clegg, Meta's president of global affairs, said at an event on the company's AI strategy in London on Tuesday.  There's still time for that to change. The rapid spread of AI tools capable of generating realistic images, videos or audio clips coincides with a key global election year, with about half the world's population headed to the polls in 2024. Experts fear that AI-generated content could misl...
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Meta executive leading AI chip efforts to leave position – sources
27Sep By adminNo Comments
Technology

Meta executive leading AI chip efforts to leave position – sources

[ad_1] A Meta Platforms executive overseeing the company's efforts to develop its own chips for artificial intelligence work is leaving her position at the end of the month, according to two sources familiar with the matter.Alexis Black Bjorlin, vice president of infrastructure at Meta and a veteran of chip companies Broadcom and Intel, headed a team charged with designing a custom chip to handle a range of AI work, a key part of company's efforts to overhaul its sprawling network of data centers for an era dominated by chatbots and image generators. She is leaving her position at the month but not immediately leaving the company, one of the sources said. Yee Jiun Song, Meta's vice president of engineering, will take over her role, and the company will continue its efforts to develop it...
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Just How Deep Is Mark Zuckerberg’s Metaverse Money Pit?
1Aug By adminNo Comments
Technology

Just How Deep Is Mark Zuckerberg’s Metaverse Money Pit?

[ad_1] When it comes to measuring the progress of Mark Zuckerberg's metaverse, big numbers have been in short supply. Only 20 million of his Quest virtual reality headsets have sold since 2019. Only 200,000 users are reportedly active in Meta Platform Inc.'s flagship virtual reality experience, Horizon Worlds. Oh, actually, there is one big number: $21 billion lost on creating the Metaverse since the start of 2022.All this prompts an obvious question: Just how much money is Zuckerberg prepared to spend to make his Metaverse successful? Luckily for him, he doesn't have to answer that just yet. Meta's legacy business — selling online advertising — is roaring, with double digit revenue growth for the first time since the end of 2021. That's providing sufficient distraction to keep investor...
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Meta Calls FTC Suit to Block VR Fitness Deal ‘Ill-Conceived’
14Oct By adminNo Comments
Technology

Meta Calls FTC Suit to Block VR Fitness Deal ‘Ill-Conceived’

[ad_1] Meta urged a judge to reject the US FTC's attempt to block acquisition of virtual reality app Within Unlimited. Meta Platforms Inc. urged a judge to reject the US Federal Trade Commission attempt to block the company's acquisition of virtual reality app Within Unlimited, saying the agency's claims about competition in the area are based on “pure speculation.” Meta argued the FTC hasn't laid out the elements to show the deal announced in October 2021 would hurt potential competition in a still-young VR fitness space, according to a court filing Thursday. The company's argument to US District Judge Edward Davila follows the FTC's move last week to narrow its rationale for blocking the deal. The FTC's newly amended complaint dropped allegations that Meta's virtual-reality ga...
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Mark Zuckerberg’s $1499 Headsets Won’t Help Meta
12Oct By adminNo Comments
Technology

Mark Zuckerberg’s $1499 Headsets Won’t Help Meta

[ad_1] In his annual virtual reality conference, Mark Zuckerberg focused on a device that hardly anyone will buy. As Mark Zuckerberg spoke to the camera in a pre-recorded presentation on Tuesday to kick off Meta Platforms Inc.'s annual virtual reality conference, he needed to address the elephant in the room: Enormous skepticism had grown around his vision for the metaverse.New users were finding his main Horizon platform buggy, and employees were getting antsy about the radical shift to virtual reality that Zuckerberg announced at this event one year ago. They needed a good reason to believe in his vision, but the Facebook co-founder didn't give them one. Instead, he doubled down on wowing people with cutting-edge tech, unveiling an expensive, high-end headset that hardly anyone will...
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