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Meta, ValueAct
Meta Platforms Is Making AI Waves. ValueAct Bets $1 Billion.
ValueAct Capital has amassed a $1 billion stake in Facebook and Instagram parent Meta Platforms, a validation of the tech giant’s moves in artificial intelligence, a source familiar with the matter confirmed.
ValueAct Takes $1 Billion Passive Stake in Meta
ValueAct Capital Management has taken a $1 billion stake in Facebook parent Meta Platforms Inc., according to a person familiar with the matter.
Activist ValueAct has $1 billion stake in Meta, sources say
Activist investor ValueAct has a $1 billion stake in Facebook parent Meta, according to people familiar with the matter.
ValueAct takes $1-billion stake in Meta, source says
ValueAct Capital has built a $1-billion stake in Meta Platforms but is not currently pushing for big changes at the Facebook and Instagram parent, a source familiar with the matter told Reuters on Tuesday.
6d
Facebook parent Meta fired whistleblower after she criticized inflated, ‘out of thin air’ AI-revenue prediction, lawsuit claims
Meta
in an emailed statement called Cheong’s claims “without merit” and said it would “vigorously defend against them.” ...
Tech Xplore on MSN
4h
Meta now allows military agencies to access its AI software. It poses a moral dilemma for everybody who uses it
Meta will make its generative artificial intelligence (AI) models available to the United States' government, the tech giant ...
3d
How to turn off Meta AI
Meta AI's comment summaries can be a nice way to sum up long or complex posts, but they also sometimes fill up your screen.
7h
Meta’s AI In Military Hands: The Ethical Dilemma Of Open-Source Technology
Find out the ethical concerns as Meta's Llama AI is made accessible to U.S. defense agencies, raising privacy issues.
12d
Facebook owner Meta warns of worsening AI losses after sales narrowly beat forecast
Its Reality Labs unit posted a US$4.4 billion (S$5.8 billion) operating loss in the quarter. Read more at straitstimes.com.
The Motley Fool on MSN
4d
Is Meta Platforms a Top Artificial Intelligence (AI) Stock to Buy Now?
Llama has seen adoption as the building block of internal AI models for AT&T, Goldman Sachs, and Shopify. From January 2024 ...
11d
Meta’s Next Llama AI Models Are Training on a GPU Cluster ‘Bigger Than Anything’ Else
The race for better generative AI is also a race for more computing power. On that score, according to CEO Mark Zuckerberg, ...
Daily Jang
2h
Instagram to roll-out AI powered image generator
Developer Alessandro Paluzzi has revealed an image of Instagram’s alleged AI-powered profile picture generation ...
The Associated Press on MSN
12d
Meta’s third-quarter profit surges 35% reflecting strong ad revenue and its AI push
Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its ...
3d
Will Meta Platforms Enact a Stock Split in 2025?
One company that has never split its stock but may consider doing so in 2025 is Meta Platforms ( META -0.40%), formerly known ...
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