In the most recent trading session, Meta Platforms (META) closed at $533.28, indicating a +1.65% shift from the previous trading day.
Meta Platforms Inc META has decided to use UK Facebook and Instagram posts to train its AI systems, even though this practice is prohibited under EU privacy laws. This highlights the complex legal and ethical issues surrounding data use for AI training.
Meta Platforms and Nvidia chipmaker Taiwan Semiconductor are among stocks flashing buy signals as the market rally revs higher.
META Platforms will restart its AI training initiative that uses UK users'' public data to train its models. The UK regulators are keeping a close eye on the issue.
Meta Platforms will begin training its AI models using public content shared by adults on Facebook and Instagram in the UK over the coming months, the company said, after it had paused the training in the region following a regulatory backlash.
Meta has confirmed that it's restarting efforts to train its AI systems using public Facebook and Instagram posts from its U.K. userbase.
Rep. Tim Walberg (R-Mich.) slammed Meta for its response to a bipartisan group of lawmakers regarding illicit drug ads on Facebook and Instagram.
Meta is changing the way it labels content that has been edited or modified by AI tools on Instagram, Facebook, and Threads. For this type of content, Meta is moving the “AI info” label to the post's menu.
Not all of the tech is in a bubble: Meta Platforms continue to look compelling. The most recent quarter saw the company post 22.1% YoY revenue growth and a 50.4% GAAP operating margin in Family of Apps. The stock looks cheap here, but the current valuation is already inclusive of Reality Labs' losses, making up over 30% of net income.
Facebook acknowledged in a Senate inquiry yesterday that it is scraping the public photos of Australian users to train its artificial intelligence (AI) models.
Meta added new features and programs to the WhatsApp Business app in India to help the country's businesses use WhatsApp to communicate with their customers. The tech giant shared the news about the messaging and calling app during its first WhatsApp Business Summit in India, Meta said in a Thursday (Sept.
Meta Platforms beat consensus expectations on both top and bottom-line in 2Q24, generating strong revenue growth and margin expansion. Family of Apps segment saw operating margin expand to 50%, due to solid revenue growth and discipline on expenses. Outlook for 3Q24 remains positive, with healthy advertising demand, revenue guidance exceeding consensus, and increased capital expenditure for AI research and development.