Mark Zuckerberg Introduces Meta AI Chatbot
The new AI assistant, Meta AI, will be available to a limited number of U.S.-based consumers beginning on September 27. Mark Zuckerberg, chief executive officer of Meta, has unveiled his company’s new artificial intelligence (AI)-powered assistant, Meta AI, which will integrate with Instagram, Facebook, WhatsApp, and, eventually, the company’s mixed reality devices. At the Meta […]
Meta Reportedly Builds OpenAI Rival AI Model
According to a Wall Street Journal exclusive, Meta, Facebook and Instagram’s parent company, is developing a more powerful and open-source artificial intelligence (AI) that will rival OpenAI’s most advanced model. WSJ reported that individuals who know the situation stated that Meta intends for its new AI model to be “several times” more potent than the […]
Facebook faces Possible Ban In Thailand over Crypto Scam Ads
The Thai government has threatened to ban Facebook in the country unless the platform stops allowing fraudulent crypto investment ads that have affected more than 200,000 people. The Ministry of Digital Economy and Society has given Facebook until the end of the month to comply with its demands or face legal action.Crypto scam ads rampant […]
Meta applies for 8 digital assets and Web 3 trademark from the US patent office
As companies continue to adopt web3 technologies, Meta (formerly Facebook) has filed 8 digital assets and web3 trademark applications from the United States Patent and Trademark Office. The United States Patent and Trademark Office, or USPTO, has received eight trademark applications from Meta, previously Facebook, relating to blockchain technology and its projected metaverse. The following […]
Meta reportedly incurs losses of over $10 billion for the year 2021
Meta reported disappointing fourth-quarter financial results on Wednesday, sending its stock down more than 20% in after-hours trade. For the quarter, the firm formerly known as Facebook reported rapidly rising costs and expenses, as well as almost $3 billion in operational losses for its new Reality Labs business unit. Meta also forecasted lower-than-expected sales for […]