Meta platforms operate on a tight feedback loop across its family of apps — Facebook, Instagram and WhatsApp. Content drives engagement. Engagement drives ad impressions. Advertisers pay for access to that attention. The loop remains solid. And the engine powering it has become more sophisticated....
The Chinese government has halted Meta’s $2 billion acquisition of artificial intelligence (AI) startup Manus. China’s National Development and Reform Commission announced Monday (April 27) that it would “prohibit foreign investment in the Manus project,” and required the companies to “withdraw the acquisition transaction.” PYMNTS...
Meta plans to cut 10% of its workforce, or about 8,000 employees, and will not fill 6,000 open roles, Bloomberg reported Thursday (April 23), citing a memo the company sent to employees. The company will announce the layoffs on May 20, according to the report....
Meta is reportedly reconfiguring its Reality Labs hardware division to “adapt and execute faster.” Maher Saba, head of the tech giant’s new Applied AI Engineering division, outlined the overhaul in a memo Tuesday (April 14), The Information reported. Saba, who had been vice president of Reality Labs...
Meta’s AI-focused transformation now reportedly extends to an artificial intelligence version of CEO Mark Zuckerberg. As the Financial Times (FT) reported Monday (April 13), the tech giant has been building photorealistic, AI-powered 3D characters that users can engage with in real time. Sources told the...
On Wednesday (April 8), Meta released Muse Spark, the first artificial intelligence (AI) model out of Meta Superintelligence Labs. Built over the past nine months under Chief AI Officer Alexandr Wang, the new AI model is showing performance competitive with systems from OpenAI, Google and...
Meta is using artificial intelligence to handle some of the tasks that help it build safer products and services, the company said in a Tuesday (March 31) blog post. The firm’s AI-powered Risk Review program has enabled Meta to identify risks earlier, apply safeguards more...
Meta is testing a premium subscription on Instagram that offers access to exclusive features, TechCrunch reported Monday (March 30), citing an email from the company. The Instagram Plus subscription is being tested in Mexico, Japan and the Philippines, and possibly other countries, the report said,...
Meta aims to share what it learns at its Meta Lab stores with the retailers of its artificial intelligence (AI)- and virtual reality (VR)-enabled wearables, Retail TouchPoints reported Monday (March 30). The company operates five Meta Lab stores and uses them to enable visitors to experience the company’s...