Mark Zuckerberg Archives

Metaverse market to surge to $1.2 trillion by 2033

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30 August, 2024

Metaverse market to surge to $1.2 trillion by 2033

The metaverse will explode from $62 billion last year to $1.2 trillion by 2033, with immersive gaming emerging as the...

This week in AI: Meta releases Llama 3.1, OpenAI announces SearchGPT, FCC proposes new rules for AI in political ads

Business

Patrick Thompson

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27 July, 2024

This week in AI: Meta releases Llama 3.1, OpenAI announces SearchGPT, FCC proposes new rules for AI in political ads

Meta has unveiled its open-source AI model, Llama 3.1, while July 25 marked the release of OpenAI's AI search tool,...

Meta combining AI with metaverse to create ‘experiences not even possible today’

Business

Steve Kaaru

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9 July, 2024

Meta combining AI with metaverse to create ‘experiences not even possible today’

Meta has advertised a new role whose responsibilities include fusing generative AI with the metaverse, and it’s willing to pay...

US Congress Committee questions Meta over digital asset and blockchain plans

Business

James Field

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24 January, 2024

US Congress Committee questions Meta over digital asset and blockchain plans

Rep. Maxine Waters wrote to Mark Zuckerberg asking what the Meta plans to do with five digital asset and blockchain-related...

Mark Zuckerberg shares Meta’s AI initiatives

Tech

Patrick Thompson

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23 January, 2024

Mark Zuckerberg shares Meta’s AI initiatives

Mark Zuckerberg's recent Instagram post can be seen as Meta's declaration that the company is preparing for a future where...

Business

Patrick Thompson

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17 December, 2023

Meta multimodal AI added in Ray-Ban smart glasses

Meta announced the latest enhancement to their Ray-Ban smart glasses—a suite of multimodal artificial intelligence (AI) features that gives users...

Meta leverages public social media posts to train its new AI assistant

Tech

Wahid Pessarlay

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6 October, 2023

Meta leverages public social media posts to train its new AI assistant

Meta unveils privacy-conscious AI model trained on public Facebook and Instagram data, while grappling with copyright concerns in the AI...

Meta lost $3.7B on Reality Labs, but Zuckerberg still committed to metaverse bet

Business

Steve Kaaru

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3 August, 2023

Meta lost $3.7B on Reality Labs, but Zuckerberg still committed to metaverse bet

With $4 billion in expenses and only $276 million in revenue, Reality Labs continues to be a money pit for...

Meta chasing rivals Google, Open AI with commercial AI launch: report

Business

Wahid Pessarlay

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18 July, 2023

Meta chasing rivals Google, Open AI with commercial AI launch: report

The commercial rollout of Meta's large language model, LLaMa, will be customizable for enterprises and allow developers to create their...

Business

Gavin Lucas

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3 May, 2023

Is Meta raising money for AI development?

As Meta CEO Mark Zuckerberg chases the Metaverse dream, he seemed to miss the wave of consumer-facing AI-powered programs being...

Meta to lay off 10,000 workers as metaverse ambition wanes

Business

Steve Kaaru

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17 March, 2023

Meta to lay off 10,000 workers as metaverse ambition wanes

Mark Zuckerberg announced another round of massive layoffs, just days after winding down NFT integrations, even as his focus seemingly...

Business

Steve Kaaru

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15 March, 2023

Meta gives up on NFTs

After debuting NFTs on Facebook and Instagram in 2022, Meta is winding down the project, which hasn’t taken off amid...

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