At the start of the year, there were widespread concerns about how generative AI could be used to interfere in global elections to spread propaganda and disinformation. Fast forward to the end of the year, Meta claims those fears did not play out, at least on its platforms, as it shared that the technology had limited impact across Facebook, Instagram, and Threads.
Despite widespread concern that generative AI could interfere with major elections around the globe this year, the technology had limited impact across Meta Platforms' apps, the tech company said on Tuesday.
Firm names Russia as top source of such activity but says it is ‘striking' how little AI was used to try to trick voters
Morgan Stanley estimates that just four companies -- Microsoft, Amazon, Alphabet, and Meta Platforms (META 3.22%) -- will spend a combined $300 billion on data center infrastructure and chips during 2025 alone, to support their ambitions in the artificial intelligence (AI) space.
Meta's strong financial performance and innovation in AI and AR/VR support a 'Strong Buy' rating, with a 20% stock gain since the last recommendation. AI integration in social media platforms and the new 'Threads' network are promising growth drivers, enhancing ad targeting and user engagement. Meta's Q3 revenue grew 19% YoY, with a 35% increase in net income, despite significant R&D investments in AR/VR and AI infrastructure.
Instagram and Facebook-owner Meta Platforms said on Monday it had introduced stricter rules for advertisers of financial products and services targeting Australians, in a bid to crack down on scams on the social media platforms.
The S&P 500 is up 26% this year. Social media giant Meta Platforms (NASDAQ: META) has posted 62% growth on a remarkable surge in users and revenue.
Meta is expected to annoounce its plan to lay over 25,000 miles of fiber optic cables under the sea, which could cost more than $10 billion next year.
Researchers say parent company Meta is failing to remove explicit images on the social media site
Meta plans a $10 billion global underwater cable project spanning 25,000 miles, TechCrunch reported. The project is reportedly in the early planning stages, though the exact route has not been announced.
Meta Platforms (META) reported earnings 30 days ago. What's next for the stock?
Recently, Zacks.com users have been paying close attention to Meta Platforms (META). This makes it worthwhile to examine what the stock has in store.