Meta has fundamentally transformed its business strategy by focusing on Llama, its open-source artificial intelligence model. According to Sharon Goldman’s detailed report in Fortune, CEO Mark Zuckerberg made the pivotal decision to release Llama 2 as open-source in July 2023, despite internal concerns about monetization and security risks. The model has since been downloaded over …
Meta is establishing a new product group dedicated to developing AI tools for the 200 million businesses using its platforms, Sara Fischer reports for Axios. Former Salesforce AI CEO Clara Shih will lead the initiative as VP of business AI, focusing on creating and monetizing AI solutions for business users. The group aims to build …
Caitlin Kalinowski, the former head of Meta’s augmented reality glasses and virtual reality goggles teams, announced that she is joining OpenAI to lead their robotics and consumer hardware division. In a LinkedIn post, Kalinowski stated her initial focus will be on bringing AI into the physical world through robotics work and partnerships. An article by …
Meta is making its Llama AI models available to U.S. government agencies and contractors working on defense and national security applications. According to a blog post by Meta cited by TechCrunch, the company is partnering with firms like Accenture, Amazon Web Services, and Lockheed Martin to bring Llama to these entities. The move comes after …
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 …
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 …
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 …
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 …
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 …
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 …