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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.
Meta, European Union
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 Unveils Less Targeted Ads to Allay EU Regulators’ Concerns
Meta Platforms Inc. is rolling back ad targeting for European users in a bid to address European Union concerns over the company’s subscription model.
Meta to offer less personalized ads in Europe to appease regulators
Meta Platforms plans to offer Instagram and Facebook users in Europe the option to receive "less personalized ads," the tech giant announced on Tuesday, in an effort to allay regulators' mounting concerns.
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,
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.
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 ...
9d
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 ...
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 ...
Yahoo
10h
AI Data Center Energy Needs: Is Natural Gas the Answer?
Cash-rich big tech juggernauts such as
Meta
Platforms (
META
) and Tesla (TSLA) are investing billions of dollars to build ...
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.
6d
on MSN
Meta Is Making Massive Artificial Intelligence (AI) Moves, but Is the Stock a Buy?
Meta
has said that
AI
is its biggest investing area this year and recently said it will continue to increase
AI
investments. Right now, the company is training the latest version of its large ...
2d
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 ...
1d
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 ...
6d
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 ...
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