Meta recently released a new video editing app for creators called Edits. The new app is designed to rival ByteDance’s CapCut, a popular short-form video-editing app used by many creators. Meta first shared that it was working on Edits back in January after ByteDance-owned CapCut was removed from U.S. app stores when the TikTok ban […]
A guide to using Edits, Meta’s CapCut rival for short-form video editing Read More »
Meta has acquired AI voice startup WaveForms for an undisclosed sum, The Information reports. It’s the company’s latest buy to strengthen its new AI unit, Superintelligence Labs, and Meta’s second major AI audio acquisition in the last month after it bought PlayAI. WaveForms, founded just eight months ago, raised $40 million from Andreessen Horowitz in
Meta acquires AI audio startup WaveForms Read More »
WhatsApp is introducing new features to help people spot scams on the messaging service, the company announced on Tuesday. The company also said it has taken down over 6.8 million WhatsApp accounts linked to criminal scam centers targeting people around the world. The new features are designed to help detect scams in both group and
WhatsApp adds new features to protect against scams Read More »
A California jury has found Meta in violation of state user privacy laws in a class-action suit brought by users of period tracking app, Flo, who alleged that the tech giant collected private menstrual health data without users’ consent and used it for ad-tracking purposes. The plaintiffs, claiming to represent millions of Flo users, had
Meta is still going all-in on the AI talent war, with Mark Zuckerberg reportedly reaching out to top recruits himself, throwing around jaw-dropping compensation packages that top $1 billion over multiple years. And Meta’s latest target? Mira Murati’s new startup, Thinking Machines Lab. It’s a bold play in an already overheated market. While Zuck eyes
From Meta’s massive offers to Anthropic’s massive valuation, does AI have a ceiling? Read More »
AI research lab Anthropic’s AI models are now the top choice for enterprises, surpassing OpenAI. Anthropic now holds 32% of the enterprise large language model market share by usage, according to a report from Menlo Ventures released on Thursday. OpenAI holds the second-largest market share by usage among enterprises, with 25%. The figure marks a
Enterprises prefer Anthropic’s AI models over anyone else’s, including OpenAI Read More »
AI research lab Anthropic’s AI models are now the top choice for enterprises, surpassing OpenAI. Anthropic now holds 32% of the enterprise large language model market share by usage, according to a report from Menlo Ventures released on Thursday. OpenAI holds the second-largest market share by usage among enterprises, with 25%. The figure marks a
Enterprises prefer Anthropic’s AI models over anyone else’s, including OpenAI’s Read More »
Echoing sentiments shared in his “superintelligence”-focused blog post this morning, Meta CEO Mark Zuckerberg expanded on his bullish ideas that glasses will be the primary way users interact with AI in the years ahead. During Meta’s second-quarter earnings call, the social networking exec told investors he believes people without AI glasses will be at a
Zuckerberg says people without AI glasses will be at a disadvantage in the future Read More »
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said Wednesday in its second-quarter earnings report that it plans to more than double its spend on building AI infrastructure, like data centers and servers. “We currently expect 2025 capital expenditures, including principal payments on finance leases,
Meta to spend up to $72B on AI infrastructure in 2025 as compute arms race escalates Read More »
Meta CEO Mark Zuckerberg credited AI with driving up the time users spent on the company’s apps in the second quarter. While consumers are increasingly complaining about the prevalence of “AI slop” — or low-quality AI-generated content flooding social apps — Meta says that AI systems are getting better at helping users connect with recommended
Zuckerberg: AI increased the time spent on Facebook and Instagram in Q2 Read More »
