And if Mark Zuckerberg is correct, the next big thing in our social media feeds will be AI generated content. Lots of it. Zuckerberg described our future feeds during Facebook-parent company Meta's third quarter earnings conference call on Wednesday,
In late 2022, Facebook parent Meta saw ChatGPT go viral and went all in on developing its own version of generative artificial intelligence. But a whistleblower claims in a new lawsuit that after she pointed out that the social media giant’s revenue projections for the technology were inflated by $1.
Parmy Olson is a Bloomberg Opinion columnist covering technology. A former reporter for the Wall Street Journal and Forbes, she is author of “Supremacy: AI, ChatGPT and the Race That Will Change the World.”
Terrible, no-good AI images are all the rage. It's a particularly bad problem for Facebook, since Meta pays creators for viral images.
AI has always been a big part of Meta's business, from figuring out the most relevant item to show next in your Facebook or Instagram Feed to helping marketers build and target their ad campaigns. Over the last two years, though, Meta has significantly ...
The improvement to the tech giant's AI system has led to an 8% increase in the amount of time spent on Facebook and a 6% increase on Instagram.
Mark Zuckerberg ’s plan to build a nuclear-powered AI data centre have been scuppered by the discovery of a rare species of bee on the proposed site.
Meta reported third-quarter profit of $6.03 per share, compared with estimates of $5.25 per share, according to data compiled by LSEG. Third-quarter revenue stood at $40.59 billion, compared with analysts’ estimates of $40.29 billion.
“Our AI investments continue to require serious infrastructure and I expect to continue investing significantly there,” Zuckerberg said. Meanwhile, Meta’s social networks, including Facebook and Instagram, continue to drive the bulk of the busines
Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its push to incorporate artificial intelligence.
Donald Trump’s re-election as U.S. president will have massive repercussions for the technology sector.
However, a closer look at AMD's quarterly report indicates that the sell-off could be overdone. This could be an opportunity for savvy investors to buy the stock, as it may be able to deliver a much-improved performance in 2025. Let's look at the reasons why that may be the case.