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 […]
Meta’s ‘Voicebox’ Generalizes Text-to-Speech
Meta AI Voicebox is a text-to-speech (TTS) tool that generates results up to 20 times faster than comparable state-of-the-art artificial intelligence models. Voicebox eschews traditional TTS architecture in favor of a model analogous to OpenAI’s ChatGPT or Google’s Bard. Meta’s offering can generalize through in-context learning, one of the primary distinctions between Voicebox and similar […]
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 […]
Silvergate Enters the Unsuccessful Diem Project With a $200 Million Offer
Silvergate Bank rescues Diem, also known as Facebook Coin, by purchasing the assets of the failed project. Diem’s debut was earlier thought to be contingent on receiving regulatory permission in the United States by Facebook founder Mark Zuckerberg. In a news release issued on Monday, Diem CEO Stuart Levey claimed that officials had turned down the proposal. “it nevertheless became clear from our dialogue with federal regulators that the project could […]