Tag: meta

Here you will find all the articles with the tag: meta.

Meta posts record revenue, doubles down in AI

Meta posts record revenue, doubles down in AI

Meta posted higher revenue last quarter, totalling 36.8 billion euros ($40.1 billion), mainly due to increased revenues from e-commerce, entertainment and gaming, and advertising. The tech giant plans to invest twice as much in AI in the coming year. Quarterly revenue is a record, exceeding anal... Read more

date3 months ago
Meta plans to buy 350,000 Nvidia GPUs to compete in AI arms race

Meta plans to buy 350,000 Nvidia GPUs to compete in AI arms race

Meta plans to purchase 350,000 Nvidia H100 GPUs this year to develop future AI models. In total, the computing power will reach the equivalent of 600,000 H100 chips by the end of 2024, according to CEO Mark Zuckerburg. That'll be needed, as competitors are also buying in bulk to compete. Zuckerb... Read more

date3 months ago
Critical supply chain attack possible via PyTorch

Critical supply chain attack possible via PyTorch

Using self-hosted runners in PyTorch for GitHub operations leads to several vulnerabilities, security engineer John Stawinski IV discovered. This can lead to many malicious actions. According to security engineer John Stawinski IV, Meta's popular open-source framework PyTorch uses so-called self... Read more

date3 months ago
Generative AI faces existential crisis over copyright concerns

Generative AI faces existential crisis over copyright concerns

Generative AI has dominated the tech world over the last year. Criticism of this form of AI is plentiful, but rarely does it pose any threat to the continuous development of the technology. However, copyright claims pose an existential crisis for generative AI in its current form. Right at the e... Read more

date4 months ago
Chatbot for Facebook and WhatsApp generates images with AI

Chatbot for Facebook and WhatsApp generates images with AI

Meta is adding about 20 new AI features to Facebook, Messenger, WhatsApp and Instagram. Most of the features are coming to the Meta AI chatbot, such as generating images via text. The new functionality for the Meta AI chatbot should further expand its capabilities for web search, via Bing, and i... Read more

date5 months ago
Meta doesn’t experience drawbacks from sharing its AI technology

Meta doesn’t experience drawbacks from sharing its AI technology

Meta sees no commercial problems in sharing its AI technology. This was stated by Meta's AI scientist, Yann LeCun, at a meeting recently. Meta has been busy in recent months releasing open-source versions of its LLMs, including Llama 2. According to Meta AI scientist Yann LeCun, the tech giant d... Read more

date5 months ago
Meta to bring ailing Threads to Europe in December

Meta to bring ailing Threads to Europe in December

Meta plans to launch Threads in Europe in December. The service, mostly seen as the alternative to X (formerly Twitter), could use a new boost. In the middle of this year, Threads launched as Meta's intended competitor to X, which has had a tumultuous existence since its acquisition by Elon Musk... Read more

date5 months ago
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