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Tag: Meta

Meta tests in-house AI chip to reduce reliance on Nvidia
Tech

Tech companies, banks using Llama AI models – Meta

Meta’s Llama artificial intelligence models are increasingly being adopted by major corporations, including Goldman Sachs and AT&T, for various business applications such as customer service, document review, and code generation. The social media giant disclosed this information in a statement on Thursday. Since Meta began releasing Llama models publicly last year, they have been downloaded […]

Meta tests in-house AI chip to reduce reliance on Nvidia
News

Meta announces restoration of Instagram access in Turkey

Meta announced on Tuesday its approval of Turkey’s decision to restore access to Instagram, following a nine-day suspension. The company reiterated its commitment to cooperating with Turkish authorities to address any content and accounts that breach its policies. “We are pleased to see that Instagram is back up and running in Turkey. We remain in […]

Tech giant Meta has unveiled ambitious plans to construct some of the largest artificial intelligence data centres on the planet,
News

Meta launches $2m grant for AI-driven startups in Africa, others

Meta has announced the introduction of the Llama 3.1 Impact Grants, with a funding pool of up to $2 million, which will help organizations worldwide with an emphasis on Turkey, the Middle East, and Africa. This was disclosed in a statement by Meta, adding that the grant program is intended to solicit applications from businesses […]

Meta plans fourth AI overhaul in six months
News

Meta deactivates 63,000 Nigerian Facebook accounts over ‘sextortion’ scams

The social media giant, Meta has said 63,000 Nigerian Facebook accounts have been deleted for allegedly trying to carry out financial extortion schemes. This was disclosed by Meta in a statement titled ‘Combating Financial Sextortion Scams from Nigeria,’ on Wednesday. This announcement from Meta coincides with the recent Federal Competition and Consumer Protection Commission’s fine […]

Meta to acquire stake in Ray-Ban smart glass partner
News

Meta to acquire stake in Ray-Ban smart glass partner

Meta is reportedly in negotiations to acquire a stake of approximately 5% in EssilorLuxottica, its partner in producing Ray-Ban smart glasses, according to sources familiar with the matter as reported by the Wall Street Journal on Thursday. Based on EssilorLuxottica’s current market value of 86.50 billion euros, the potential stake could amount to about 4.33 […]

Meta launches AI voice translation on Facebook, Instagram
News

Meta collaborates with Vodafone to optimize video delivery

Meta, the parent company of Instagram, has partnered with Vodafone to enhance the efficiency of video delivery across 11 European mobile networks. This collaboration aims to manage the surging demand for short-form video content on platforms like Instagram, TikTok, and YouTube, which has driven a significant increase in mobile data usage. According to Ericsson’s 2024 […]

Meta to integrate generative AI into VR, AR metaverse games
News

Meta to integrate generative AI into VR, AR metaverse games

Meta is planning to enhance its virtual reality, augmented reality, and mixed reality games with generative AI technology as part of an effort to revitalize its metaverse strategy. According to a recent job listing, Meta is looking to research and prototype “new consumer experiences” through gameplay driven by generative AI. These games would feature elements […]

News Tech

Meta rolls out monetization for Nigerian, Ghanaian creators

Social media giant, Meta has announced that content creators from Nigeria and Ghana can now start earning money on Facebook from Monday, July 1, 2024. The company has introduced two new monetization features to facilitate this: In-Stream Ads on Facebook and Facebook Ads on Reels. According to Meta’s statement, these features will allow creators to […]

Apple to pledge $100bn to US manufacturing
News

Apple denies talks with Meta over AI partnership

Apple has declined proposals from Meta to integrate Meta’s AI chatbot into the iPhone, Bloomberg News reported on Monday. According to the report, the two companies engaged in brief discussions in March but are no longer in talks for an AI partnership involving Meta’s Llama chatbot. These discussions never reached a formal stage, and Apple […]

Apple faces $1.1bn in tariff costs as trade tensions escalates
Tech

Apple, Meta holds talk over AI partnership

Alex Omenye Apple is actively seeking partnerships to enhance its recently announced Apple Intelligence with generative AI capabilities. According to a report by the Wall Street Journal, Apple has held discussions with Meta regarding the potential use of Meta’s generative AI model. Similar talks have reportedly been held with startups Anthropic and Perplexity. However, as […]

Tech giant Meta has unveiled ambitious plans to construct some of the largest artificial intelligence data centres on the planet,
Tech

Meta reduces office space in Lagos amid global layoffs

The parent company of Facebook, Instagram, and WhatsApp, Meta, is downsizing its office space in Lagos following significant global layoffs in mid-2023 that impacted its Nigerian team. TechCabal reported that at least 35 employees were affected, including the entire engineering team, which had 24 members according to a 2022 report. A Meta spokesperson started that […]

Meta launches AI voice translation on Facebook, Instagram
News

Meta discovers networks behind deceptive AI content

Meta reported on Wednesday that it discovered “likely AI-generated” content being used deceptively on its Facebook and Instagram platforms. This included comments praising Israel’s handling of the Gaza conflict, posted beneath content from global news organizations and U.S. lawmakers. According to Meta’s quarterly security report, the accounts responsible for this content posed as Jewish students, […]

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