Scale AI lays off 200 staff amid restructuring, just weeks after Meta’s $14.3B investment and CEO Alexandr Wang’s move to Meta’s superintelligence team.
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Tech behemoth Meta announced on Sunday that it has acquired artificial intelligence voice startup Play AI
Meta deepens its AI wearables push with a $3.51 billion stake in EssilorLuxottica, aiming to expand smart glasses production and strengthen its superintelligence team.
Indian American OpenAI researcher to work on Meta’s AI reasoning models to boost its AGI ambitions
Mark Chen, the chief research officer at OpenAI sent a forceful memo to staff, talking about rival Meta’s recent efforts to recruit the company’s top research talent
Meta is reportedly in talks to acquire voice-cloning startup Play AI, expanding its AI capabilities amid aggressive investments in superintelligence, infrastructure, and high-profile talent.
Meta CEO Mark Zuckerberg has recruited three senior researchers from OpenAI’s Zurich team, signaling an aggressive push toward building AGI
Anthropic told the court that it made fair use of the books and that U.S. copyright law “not only allows, but encourages” its AI training because it promotes human creativity.
Meta has recruited Daniel Gross, the CEO of OpenAI co-founder Ilya Sutskever’s startup Safe Superintelligence
Meta has offered employees from OpenAI and Google DeepMind compensation packages worth upwards of $100 million
Meta said on Monday that Arun Srinivas has been appointed as the managing director and head of its India operations
According to a Scale AI spokesperson, Meta is investing $14.3 billion as part of the deal, and will have a 49% stake in the artificial intelligence startup but will not have any voting power
Meta Platforms has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion
Meta is reportedly in the talks for a multibillion-dollar investment in Scale AI. This investment could exceed $10 billion, making it the company’s largest external investment
According to the deal, Meta would buy all power produced in Constellation’s plant in Clinton, Illinois, for a 20-year period beginning 2027
Anduril and Meta will be developing Extended Reality (XR) features for the United States military
Meta is facing a significant exodus of employees associated with the company’s AI teams. Many key researchers behind the company’s open-source Llama models are leaving
Meta’s AI Chief Scientist Yann LeCun has weighed in on the debate over whether AI’s potential to develop human-like traits
The motion argues that the Federal Trade Commission (FTC) has failed to provide evidence that Meta unlawfully monopolized part of the social networking market through its acquisitions of WhatsApp and Instagram.
NSO Group, the Israeli cyber intelligence firm behind Pegasus spyware has been asked to pay WhatsApp $167 million for hacking 1,400 people in 2019
Meta’s sales came in at $42.3 billion, with second-quarter revenue projected between $42.5 and $45.5 billion. Ad revenue was up 16% year-over-year
Meta has unveiled a standalone AI app at the company’s LlamaCon event on Tuesday. This app allows users to access Meta AI via an app, similar to OpenAI’s ChatGPT
CognitiveLab, a Bangalore-based research group has become one of the recipients of Meta’s 2024 Llama Impact awards
EU regulators on Wednesday said Apple and Meta were the first companies to be penalized for violating a new law intended to increase competition in the digital economy
The FTC sued ride-hailing giant Uber on Monday, alleging “deceptive” billing and cancellation practices in its Uber One subscription service
