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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 $1B stake in Meta Platforms, CNBC reports
Activist investor Valueact has taken a $1B stake in Meta Platforms (META), CNBC’s David Faber reported on-air on the business news
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.
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.
Baidu, ai and Meta
China’s Baidu Challenges Meta for AI Glasses Supremacy
Meta’s Orion AR glasses are still being prototyped, while Baidu's take on the technology ships next year. Is Meta... Unready Player Two?
China’s Baidu joins Meta in race to make AI-integrated smart glasses
Baidu has unveiled artificial intelligence-powered smart glasses as Chinese tech groups race with global rivals to capitalise on AI-integrated hardware. Li Ying, head of Baidu’s hardware brand Xiaodu,
Baidu announces its own pair of AI smart glasses
When the glasses start shipping sometime next year, they could become the Chinese consumers' alternative to Meta's and Snap's devices. Meta teamed up with Ray Ban a few years ago to release a pair of smart sunglasses that can livestream and send photos hands-free.
4d
on MSN
Is Meta Platforms a Top Artificial Intelligence (AI) Stock to Buy Now?
Meta Platforms (NASDAQ: META) is probably one of the most misunderstood companies out there. It is consistently judged by ...
8d
on MSN
Meta AI is ready for war
Meta will now allow US government agencies and contractors to use its open-source Llama AI model for “national security ...
4h
Meta CEO reveals how unexpected bee-related challenges forced them to pause AI project
Meta's AI project, spearheaded by Mark Zuckerberg, appears to be on hold. The company is exploring alternative options as the ...
7d
Meta’s military push is as much about the battle for open-source AI as it is about actual battles
Meta makes its model available to the U.S. military with a pitch that's largely about defending its "open source AI" framing.
8d
on MSN
A rare bee species reportedly put an end to Meta's plans for a nuclear-powered AI data center
Meta's plans for an AI data center running on nuclear power were complicated partly by the discovery of a rare bee species ...
2d
Amazon's AI Investment, Palantir's Winning Strategy, Meta's Bee Problem, And Palantir's 'Eye-Popping' Results: This Week In AI
Amazon may invest in Anthropic again, Palantir's unique AI strategy, Meta's plans for nuclear-powered data center stung by ...
1h
Scale AI Exec Michael Kratsios to Rejoin the Trump White House as Part of Its Transition Team
The former Trump White House CTO joined the data labeling startup in 2021. It has been accused by contract workers of vague ...
1d
Deutsche Telekom Joins Forces with Meta Pool to Pioneer Decentralized AI on NEAR Protocol
Meta Pool, a leader in liquid staking solutions on NEAR, developed the ENO program to connect established industry leaders ...
7d
Meta's nuclear-powered AI ambitions appear to have been thwarted by a swarm of bees
Meta had to pull the plug on a nuclear-powered data center project after a rare bee species was discovered on the land where ...
2h
on MSN
Jefferies Highlights Meta Platforms, Inc. (META)’s AI Chip Progress, Sees Strong Upside from Growing Demand for Training and Inference Accelerators
We recently compiled a list of the 14 AI News Investors Are Paying Attention To. In this article, we are going to take a look ...
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Artificial intelligence
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