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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.
European Union, Meta and Facebook
Meta Offers Less Personalised Ads for EU Users to Appease Regulators
Meta
AI
, its frontier
AI
assistant, has still not been released within the bloc due to its “unpredictable” regulations. SEE: EU’s
AI
Act: Europe’s New Rules for Artificial Intelligence Representatives from
Meta
, along with Spotify, SAP, Ericsson ...
Meta to offer Facebook and Instagram users in Europe less personalized ads after pressure from regulators
Data from all of a user's previous time spent on Facebook or Instagram, which is typically combined to precisely target an individual with tailored ads, won't be used.
Meta confirms Facebook, Instagram to offer subscription for no ads in Europe
Meta said it will significantly reduce the price of Subscription for no ads, and offer people in the EU an additional new choice to use
Baidu unveils AI smart glasses, text-to-image generator
Baidu Unveils AI-Powered Smart Glasses to Compete with Meta Platforms, Inc. (META) in Expanding AI Wearable Market
For this article, we selected AI stocks by combing through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.
Baidu unveils smart glasses powered by Ernie LLM, FT reports
Baidu (BIDU) has unveiled smart glasses, powered by its Ernie LLM, that will “become a private assistant” by tracking calories,
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,
15h
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 ...
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 ...
1d
on MSN
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 ...
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 ...
Econsultancy
6h
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
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.
9d
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 ...
4h
Meta to introduce ads on Threads in early 2025, The Information reports
Meta Platforms plans to introduce advertisements to its social media platform Threads early next year, the Information ...
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 ...
8h
on MSN
After Meta, Chinese Tech Company Baidu to Launch AI Assistant Glasses
Following the global tech giant Meta, the Chinese company Baidu is set to launch its AI-powered smart glasses at its annual ...
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