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Meta, Valueact
Meta Platforms Is Making AI Waves. ValueAct Bets $1 Billion.
ValueAct Capital has amassed a $1 billion stake in Facebook and Instagram parent Meta Platforms a validation of the tech giant’s moves in artificial intelligence, a source familiar with the matter confirmed.
Valueact takes $1B stake in Meta Platforms, CNBC reports
Activist investor Valueact has taken a $1B stake in Meta Platforms (META), CNBC’s David Faber reported on-air on the business news
ValueAct Takes $1 Billion Passive Stake in Meta
ValueAct Capital Management has taken a $1 billion stake in Facebook parent Meta Platforms Inc., according to a person familiar with the matter.
ValueAct takes $1-billion stake in Meta, source says
ValueAct Capital has built a $1-billion stake in Meta Platforms but is not currently pushing for big changes at the Facebook and Instagram parent, a source familiar with the matter told Reuters on Tuesday.
ai, Baidu and Meta
China’s Baidu Challenges Meta for AI Glasses Supremacy
Meta’s Orion AR glasses are still being prototyped, while Baidu's take on the technology ships next year. Is Meta... Unready Player Two?
China’s Baidu joins Meta in race to make AI-integrated smart glasses
Baidu has unveiled artificial intelligence-powered smart glasses as Chinese tech groups race with global rivals to capitalise on AI-integrated hardware. Li Ying, head of Baidu’s hardware brand Xiaodu,
Baidu boasts strong AI user growth alongside launch of first smart glasses
At Baidu World 2024, where it announced the new Xiaodu AI Glasses, CEO Robin Li said the Ernie model now sees 1.5 billion API calls per day.
Econsultancy
48m
From Meta AI to dating-app ‘wingmen’: What do conversational assistants mean for brands?
How are conversational assistants influencing the way that brands interact with consumers, and what opportunities – and ...
10h
on MSN
Jefferies Highlights Meta Platforms, Inc. (META)’s AI Chip Progress, Sees Strong Upside from Growing Demand for Training and Inference Accelerators
We recently compiled a list of the 14 AI News Investors Are Paying Attention To. In this article, we are going to take a look ...
The Motley Fool on MSN
5d
Is Meta Platforms a Top Artificial Intelligence (AI) Stock to Buy Now?
Llama has seen adoption as the building block of internal AI models for AT&T, Goldman Sachs, and Shopify. From January 2024 ...
2h
on MSN
After Meta, Chinese Tech Company Baidu to Launch AI Assistant Glasses
Following the global tech giant Meta, the Chinese company Baidu is set to launch its AI-powered smart glasses at its annual ...
13h
on MSN
Baidu Unveils AI-Powered Smart Glasses to Compete with Meta Platforms, Inc. (META) in Expanding AI Wearable Market
For this article, we selected AI stocks by combing through news articles, stock analysis, and press releases. These stocks ...
8d
on MSN
Meta AI is ready for war
Meta will now allow US government agencies and contractors to use its open-source Llama AI model for “national security ...
8d
on MSN
A rare bee species reportedly put an end to Meta's plans for a nuclear-powered AI data center
Meta's plans for an AI data center running on nuclear power were complicated partly by the discovery of a rare bee species ...
3d
How to turn off Meta AI
Meta AI's comment summaries can be a nice way to sum up long or complex posts, but they also sometimes fill up your screen.
7d
Meta’s military push is as much about the battle for open-source AI as it is about actual battles
Meta makes its model available to the U.S. military with a pitch that's largely about defending its "open source AI" framing.
1d
Deutsche Telekom Joins Forces with Meta Pool to Pioneer Decentralized AI on NEAR Protocol
Meta Pool, a leader in liquid staking solutions on NEAR, developed the ENO program to connect established industry leaders ...
12h
Meta CEO reveals how unexpected bee-related challenges forced them to pause AI project
Meta's AI project, spearheaded by Mark Zuckerberg, appears to be on hold. The company is exploring alternative options as the ...
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