Tag: Meta

Meta hires Scale AI CEO in $14.3bn deal
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Meta hires Scale AI CEO in $14.3bn deal

Meta has hired Scale’s 28-year-old CEO, Alexandr Wang to lead a new division after acquiring a 49% stake in Scale AI for $14.3 billion, valuing the San Francisco-based data-labeling startup at $29 billion. Meta confirmed that Wang will now lead its newly established “superintelligence” division, a strategic move expected to bolster the company’s efforts in […]

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Meta, TikTok challenge EU tech fee in court

Tech giants Meta and TikTok took their dispute with European regulators to the General Court of the European Union on Wednesday, arguing that a supervisory fee imposed under the Digital Services Act is unfair, disproportionate, and based on flawed calculations. The DSA, which came into force in 2022, imposes an annual supervisory fee of 0.05% […]

US senators demand Meta probe over chatbot child safety concerns
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Meta unveils AI ‘world model’ for robotics, self-driving cars

Meta, the parent company of Facebook and Instagram announced on Wednesday that it is rolling out a new AI “world model” capable of understanding 3D environments and the movement of physical objects more effectively. Meta said it launched V-JEPA 2, an open-source AI model designed to understand, predict, and plan in the physical world. As […]

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Meta launches specialised team to develop Artificial General Intelligence – Report

Meta Platforms, under the leadership of CEO Mark Zuckerberg, is reportedly forming a specialized team focused on artificial general intelligence, according to a Bloomberg report. This secretive unit, internally dubbed the superintelligence group, represents Meta’s most significant AGI effort to date. While exact goals remain undisclosed, the formation of this group is said to signals […]

US senators demand Meta probe over chatbot child safety concerns
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Meta in talks to invest over $10b in startup Scale AI

Meta Platforms is reportedly in advanced discussions to invest over $10 billion in Scale AI, a fast-growing artificial intelligence data labeling startup. The deal, which could significantly bolster Meta’s AI capabilities, remains under negotiation and terms may still shift, sources familiar with the matter, according to Bloomberg. Founded in 2016, Scale AI has emerged as […]

Meta plans full AI-driven Ad creation by 2026 - Report
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Meta plans full AI-driven Ad creation by 2026 – Report

Meta Platforms is aiming to give advertisers the ability to fully generate and target ads using artificial intelligence by the end of next year. The owner of Facebook and Instagram—platforms with a combined 3.43 billion unique active users globally—is increasingly leaning on AI to automate and personalize advertising, The Wall Street Journal reported. current AI […]

US senators demand Meta probe over chatbot child safety concerns
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Meta splits AI division to accelerate product development

Meta is reorganizing its artificial intelligence operations, dividing its AI division into two separate teams in an effort to speed up product development. Under the new structure, which does not involve any job cuts, Meta’s AI staff will be assigned to one of two groups: an AI Products team focused on consumer applications, and an […]

Tech giant Meta has unveiled ambitious plans to construct some of the largest artificial intelligence data centres on the planet,
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Meta launches ‘Llama for Startups’ program to drive AI models adoption

Meta is introducing a new initiative aimed at encouraging early-stage companies to build with its Llama AI models. The program, called Llama for Startups, offers eligible U.S.-based startups direct technical support and, in some cases, financial assistance. Announced this week, the program is open to firms that are incorporated in the United States, have raised […]

Meta plans fourth AI overhaul in six months
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Meta delays release of flagship ‘Behemoth’ AI over performance concerns

Meta Platforms is postponing the release of its highly anticipated “Behemoth” artificial intelligence model due to internal concerns about its performance, The Wall Street Journal reported on Thursday, citing sources familiar with the matter. Engineers at the social media giant are reportedly struggling to make substantial improvements to the Behemoth large language model, raising internal […]

Meta to begin testing video ads on Threads
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Meta to begin testing video ads on Threads

Meta announced on Thursday that it will begin testing video advertisements on its Instagram Threads platform, in a move to expand the app’s monetisation efforts and bring it closer in format to rival platform X (formerly Twitter). The announcement came during Meta’s presentation at the IAB NewFronts, an annual event where tech companies pitch their […]

Meta launches AI voice translation on Facebook, Instagram
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Meta unveils Llama API to attract developers, compete in AI race

Meta launched a new application programming interface on Tuesday for its Llama artificial intelligence models. The company aims to make it easier for businesses and developers to integrate its technology and compete with offerings from AI heavyweights like OpenAI, Google, and China’s DeepSeek. The announcement was made at Meta’s inaugural AI developer conference, where Chief […]

Meta plans full AI-driven Ad creation by 2026 - Report
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Meta launches AI assistant app to rival OpenAI, Google

Meta on Tuesday launched a standalone app for its Meta AI assistant, marking a significant step in CEO Mark Zuckerberg’s efforts to strengthen the company’s foothold in the increasingly competitive artificial intelligence space. The new app, separate from Meta’s core platforms—Facebook, Instagram, WhatsApp, and Messenger—is aimed at boosting usage of the virtual assistant by offering […]