According to internal documents obtained by Reuters, Meta estimated that around 10% of its total revenue — approximately $16 billion in 2023 — came from fraudulent advertisements running across its platforms. The report claims that for the past three years, Meta failed to fully protect users from misleading ads promoting illegal gambling, fake investment schemes, […]
Meta has entered into a licensing agreement with generative AI startup Midjourney, bringing the company’s advanced “aesthetic technology” into the social giant’s future AI models and products. The collaboration, announced Friday by Alexandr Wang, Meta’s chief AI officer, will connect the research teams of both companies. The move underscores Meta’s strategy to sharpen the visual […]
Meta Platforms is preparing to launch a paid subscription service for its AI-powered chatbot, Meta AI, mirroring similar offerings from OpenAI and Microsoft, a source familiar with the plans told Reuters on Thursday. The testing phase is expected to begin in the second quarter of this year, though the company does not anticipate significant revenue […]
Meta Platforms has announced that its AI chatbot will utilize Reuters’ news content to deliver real-time responses on current events and news, marking another collaboration between a major tech company and a news publisher. While details of the financial arrangement remain undisclosed, this partnership represents Meta’s first news-related deal in recent years. The initiative arrives […]
On Friday, Meta announced the release of a new batch of AI models from its research division, including a “Self-Taught Evaluator” that will reduce the need for human involvement in AI development.The release follows Meta’s introduction of the tool in an August paper, which detailed how it relies upon the same “chain of thought” technique […]
Meta, the parent company of Facebook, announced a new artificial intelligence model on Friday called “Movie Gen,” designed to create realistic videos and audio clips based on user prompts. Meta claims this model could rival leading media generation tools like OpenAI’s offerings and ElevenLabs. Movie Gen’s capabilities include generating short video clips that range from […]