Meta Introduces Suite of Generative AI Music Tools
Facebook and Instagram’s parent company, Meta, introduced a suite of generative AI models called AudioCraft on August 2 to create music from various inputs. It also allows users to input text to create musical and audio compositions. Included in the set of generative AI tools are MusicGen and AudioGen, which use text-based inputs to generate […]
Meta Sets to Launch AI Chatbots With Human-Like Personalities
According to a report from the Financial Times, Meta, the parent company of Facebook and Instagram, intends to release artificial intelligence (AI) chatbots with human-like personalities as part of its efforts to retain users. The Financial Times reported on August 1 that prototypes of chatbots are currently being developed, with the final products able to […]
Meta Committed to Metaverse Despite $3.7b Q2 Loss
Reality Labs at Meta reported an operational loss of $3.7 billion and is still dedicated to the metaverse’s growth. According to Meta’s most recent earnings figures, which were revealed on July 26, the company invested an astounding $7.7 billion in its virtual reality business in 2023. The division’s revenue decreased from $452 million in the […]
Australian Court Orders Meta to Pay $14M for Privacy Breach
A court in Australia fined Meta Platforms 20 million Australian dollars ($14 million) for gathering user data through the smartphone app Onavo. According to a report from Reuters, the Australian Federal Court has ordered Meta, through its subsidiaries Facebook Israel and the abandoned app Onavo, to pay the Australian Competition and Consumer Commission (ACCC) AU$400,000 […]
Alibaba Reportedly Integrates Meta’s AI Model Llama
Alibaba’s cloud computing service has reportedly tapped into Meta’s open-source artificial intelligence model Llama for new software development at no cost. Reuters initial report cited an official statement from Alibaba Cloud via WeChat, the cloud computing arm of the Chinese conglomerate has deployed a Llama 2-based solution that enables businesses to develop AI-based software and […]