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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.
ai, Baidu 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’s entry into smart glasses comes as US tech groups Meta and Snap are rushing to dominate the market outside China © Jade Gao/AFP/ China’s Baidu joins Meta in race to make AI-integrated smart gla
Baidu boasts strong AI user growth alongside launch of first smart glasses
At Baidu World 2024, where it announced the new Xiaodu AI Glasses, CEO Robin Li said the Ernie model now sees 1.5 billion API calls per day.
5d
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 ...
Econsultancy
1h
From Meta AI to dating-app ‘wingmen’: What do conversational assistants mean for brands?
How are conversational assistants influencing the way that brands interact with consumers, and what opportunities – and ...
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 ...
2d
OpenAI, Microsoft, Meta Advance New AI Tests As Transparency Concerns Grow
Tech giants struggle to evaluate AI progress and advancements, raising concerns about transparency and standardized ...
5d
on MSN
Why Taiwan Semiconductor, Meta Platforms, and Other Artificial Intelligence (AI) Stocks Rallied on Thursday
Looser regulatory restrictions and an increased focus on AI from the incoming presidential administration could be a boon to ...
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 ...
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 ...
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 ...
11h
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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