Meta, the parent company of Facebook and Instagram, has announced significant advancements in its artificial intelligence projects and strong financial results for the third quarter of 2024. CEO Mark Zuckerberg revealed that Meta AI, the company’s generative AI tool, has surpassed 500 million monthly users and is on track to become the most-used AI assistant … Read more
Meta is well-positioned to benefit from generative AI in digital advertising and content, argues Ben Thompson of Stratechery. Meta’s massive scale, troves of user data, and advanced ad infrastructure enable the company to generate unlimited variations of highly targeted ads and measure their effectiveness, likely boosting ad revenue and margins in the short term. In … Read more
Meta has entered into a multi-year agreement with Reuters to integrate the news agency’s content into its AI chatbot, enabling users to receive real-time answers to queries about news and current events. According to Axios, users of Meta’s AI chatbot feature in the U.S. will have access to Reuters’ journalism when asking questions, with answers … Read more
Meta Platforms has released quantized versions of its Llama 3.2 1B and 3B models, which the company says offer reduced memory requirements, faster on-device inference, accuracy, and portability. The models were developed in close collaboration with Qualcomm and MediaTek and are available on SoCs with Arm CPUs. According to Meta, the average model size has … Read more
Meta has launched Spirit LM, its first Spirit LM is Meta’s first freely available multimodal language model that integrates text and speech inputs and outputs, positioning it as a competitor to models like OpenAI’s GPT-4o. Developed by Meta’s Fundamental AI Research (FAIR) team, Spirit LM aims to enhance AI voice experiences by improving speech generation’s … Read more
Meta is facing criticism for labeling its AI models as “open source.” Stefano Maffulli, head of the Open Source Initiative, accuses the company of diluting the term and confusing users. According to Maffulli, Meta’s Llama models do not meet the criteria for true open-source software, Richard Waters reports for the Financial Times. Meta defends its … Read more
Meta showcased its latest open AI hardware designs at the OCP Global Summit 2024. These include a new AI platform called “Catalina,” cutting-edge rack designs, and advanced network fabrics. According to Dan Rabinovitsj and Omar Baldonado in Meta’s “Engineering at Meta” blog, the company aims to foster collaboration and innovation. Meta is significantly scaling its … Read more
Meta has unveiled its new AI technology “Movie Gen,” capable of generating videos and audio from text descriptions. The system comprises several models that together can produce high-resolution videos up to 16 seconds long, along with matching audio effects. According to Meta, Movie Gen surpasses comparable offerings from competitors like OpenAI and Google in terms … Read more
Meta CEO Mark Zuckerberg believes that the value of individual content for AI training is overestimated. In an interview with The Verge, he explains that while Meta will partner for important content, it would rather not pay for it. Zuckerberg sees the need to rethink fair use in the age of AI. Meta and other … Read more
Meta is expanding its “Imagine” AI image creation features to Facebook, Instagram and Messenger. Users can now use text input to create AI-generated images directly in their feeds, stories and for profile pictures. This was reported by Sarah Perez at TechCrunch. According to Meta, the new features should make posts more attractive and help them … Read more