Meta is working on a pair of AI smart glasses with the Italian high fashion brand, Prada, according to a report from CNBC on Tuesday. It’s unclear at this time when Meta’s Prada smart glasses will be publicly announced. The reported Prada collaboration signifies that Meta aims to bring its AI smart glasses technology to […]
Meta is reportedly building AI smart glasses with Prada, too Read More »
Instagram is testing the ability for users to repost posts, the company confirmed to TechCrunch on Monday. The move doesn’t come as a surprise, as the social network was spotted developing the feature as far back as 2022. Some users have reported seeing the feature on their accounts, with one noting that users will be
Instagram tests a reposts feature Read More »
Instagram users have for weeks complained about a significant increase in accounts being mistakenly banned or suspended. Many suspect, without direct evidence, that the issues may have to do with the use of AI automation. Reached for comment, Meta has so far not offered an on-record statement. According to a growing number of social media
Instagram users complain of mass bans, pointing finger at AI Read More »
After years of providing free services without any bells attached, WhatsApp is now going to start showing ads on the popular chat app. To be clear, users will only see ads on the Status screen — the app’s take on Instagram’s Stories. So just like you see an ad after watching a few stories on
WhatsApp is adding ads to the Status screen Read More »
Meta’s big investment in Scale AI may be giving some of the startup’s customers pause. Reuters reports that Google had planned to pay Scale $200 million this year but is now having conversations with its competitors and planning to cut ties. Microsoft is also reportedly looking to pull back, and OpenAI supposedly made a similar
Google reportedly plans to cut ties with Scale AI Read More »
Meta’s deal to partially acquire the AI startup Scale, giving it 49% ownership, is certainly unusual. What Scale officially announced is that the deal values the company at over $29 billion and that it will “distribute” proceeds to shareholders and vested equity holders (aka employees) granting them with “substantial liquidity” while allowing them to continue
New details emerge on Meta’s $14.3B deal for Scale Read More »
Meta just made a $14.3 billion bet on data-labeling company Scale AI, but it’s not a traditional takeover: Meta’s taking a 49% stake in the company and adding Scale’s co-founder Alexandr Wang to its team. The move signals Meta’s growing urgency to keep up in the AI race, even if its strategy for competing with
Meta’s big AI bet and our not-so-hot-take on fintech IPOs Read More »
Data-labeling company Scale AI confirmed on Friday that it has received a “significant” investment from Meta that values the startup at $29 billion. The startup also said its co-founder and CEO Alexandr Wang is stepping down from his role to join Meta and help the bigger company with its AI work. Reports indicate that Meta
Scale AI confirms ‘significant’ investment from Meta, says CEO Alexanr Wang is leaving Read More »
Data-labeling company Scale AI confirmed on Friday that it has received a “significant” investment from Meta that values the startup at $29 billion. The startup also said its co-founder and CEO Alexandr Wang is stepping down from his role to join Meta and help the bigger company with its AI work. Reports indicate that Meta
Scale AI confirms ‘significant’ investment from Meta, says CEO Alexandr Wang is leaving Read More »
Meta is the latest tech company to warm to geothermal energy, announcing on Thursday a deal with startup XGS Energy to develop a 150 megawatt geothermal power plant in New Mexico. XGS Energy has yet to say where it’ll be building the power plant, and Meta wouldn’t disclose specifics about the deal other than to
Meta teams with XGS Energy to build a 150 MW geothermal power plant Read More »
