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...Meta plans to embed its new AI model into WhatsApp and its Ray-Ban smart glasses....
...European stocks opened lower, weighed down by steep declines for technology groups after first-quarter results from Meta disappointed investors and rekindled fears that Mark Zuckerberg would not control...
...Meta’s revenues jumped by more than a quarter in the first three months of the year, beating expectations, but its forecasts left Wall Street underwhelmed and the shares fell 10 per cent in after-hours trading...
...A US ban on the addictive video app could benefit Meta, which has a rival product in Instagram Reels. But this potential outcome is years, and a legal fight, away. Meta has funds to spend....
...Specification: Reasoning Click the link below to read the article and then answer the questions: OpenAI and Meta ready new AI models capable of ‘reasoning’ What do you think ‘reasoning’ means?...
...Facebook parent Meta will temporarily shut its Threads social media platform in Turkey this month after a row with the country’s competition watchdog....
...Meta also unveiled a new generation of its AI custom-made chips....
...OpenAI and Meta are on the brink of releasing new artificial intelligence models that they say will be capable of reasoning and planning, key steps towards achieving superhuman cognition in machines....
...Meta AI is also expanding its access to more than a dozen English-speaking countries, including Australia, Pakistan, Zambia and Canada. However, consumers in the EU and UK have yet to access Meta AI....
...Meta CEO Mark Zuckerberg’s sights are no longer fixed on TikTok....
...related to how Meta tracks disinformation to help fact-checkers and journalists....
...Australia’s government on Friday criticised Meta after the US tech giant pulled out of an agreement to pay local media companies for content....
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...Facebook owner Meta has added two directors to its board, including the chief executive of US chipmaker Broadcom....
...The additions bring Meta’s board to 11 members....
...Meta’s Mark Zuckerberg was pushed to publicly apologise to the families of people who said they had been harmed by his social media platform, a dramatic moment in a testy congressional hearing over child...
...Big bets on Microsoft and Meta have helped US stockpickers to their best start to a year in more than three decades, according to Bank of America....
...Meta warned in October that macroeconomic uncertainty and lower advertising demand in response to conflict in the Middle East had made for a rockier start to the quarter....
...“Meta is attempting to mislead Australians by saying its decision is about the closure of its news tab product, however, the vast majority of news on Facebook and Meta is and will continue to be consumed...
...A China discount on Meta shares may be in order....
...Meta did not immediately respond to a request for comment. WhatsApp has more than 2bn monthly active users globally....
...But she added: “Eventually investors will need to know more about when Meta is going to start generating revenue from AI.” Meta is still facing a challenging legal and political landscape....
...Of those, Microsoft — which reached a $3tn valuation for the first time — Facebook parent Meta and chipmaker Nvidia all hit record intraday highs....
...Meta’s move eclipsed previous records that saw Amazon and Apple each jump about $190bn in a single day in 2022....
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