C. Scott Brown / Android Authority In late April, Meta released an update for its unbelievably popular Ray-Ban Meta smart glasses ($329 at Amazon). Although these don’t run on the exciting new Android XR platform, they have been a very successful entry into the burgeoning AR glasses market. Thanks to this latest update, the glasses … Read more
After falling around 2% on Wednesday and recovering, Nasdaq (QQQ) is poised to rise again today. Microsoft (MSFT) and Meta Platforms (META) posted strong quarterly earnings. The S&P 500 (IVV) will also rise today. Investors put aside concerns about Meta losing Chinese retail advertising revenue this morning. Despite Asia-based e-commerce exporters cutting their … Read more
Meta Platforms (META) has reported first-quarter financial results that beat Wall Street expectations on both the top and bottom lines. The Silicon Valley-based company has announced earnings per share (EPS) of $6.43 U.S., which was ahead of the $5.28 U.S. expected among analysts. Revenue of $42.31 billion U.S. beat the $41.40 billion … Read more
Tech giant Meta on Wednesday reported quarterly profits that were well above expectations, brushing aside market worries that its heavy investments in cloud computing and artificial intelligence would hamper growth. The company reported a $16.6 billion profit in the first three months of the year on revenue of $42.3 billion, with business spending on ads … Read more
Advertisment Stock market futures rose early Thursday after strong quarterly results from two Big Tech players eased concerns that artificial intelligence spending would slow amid economic turmoil. Futures for the Dow Jones Industrials triumphed 315 points, or 0.8% to 41,089. Futures for the broader index climbed 69 points, or 1.2%, to 5,656 … Read more
One day after Meta rolled out its standalone AI app, Mark Zuckerberg has shared more about how the company plans to eventually monetize its generative AI assistant. During the company’s first quarter earnings call, Zuckerberg said Meta AI could one day show ads and product recommendations. He also hinted at plans for a subscription component … Read more
Meta Platforms (META) has unveiled a new standalone artificial intelligence (A.I.) app with many of the same functions as ChatGPT. Meta’s new A.I. app puts the company in direct competition with privately held OpenAI, the company behind ChatGPT, which is widely considered a leader in artificial intelligence chatbots. Meta CEO Mark Zuckerberg has … Read more
Social media behemoth Meta unveiled its first standalone AI assistant app on Tuesday, challenging ChatGPT by giving users a direct path to its generative artificial intelligence models. “A billion people are using Meta AI across our apps now, so we made a new standalone Meta AI app for you to check out,” the company’s CEO … Read more
As Meta’s first-ever generative AI conference , the company is also previewing a significant update on its plans to bring AI features to WhatsApp chats. Buried in its LlamaCon updates, the company that it’s working on something called “Private Processing,” which will allow users to take advantage of generative AI capabilities within WhatsApp without eroding … Read more
Meta has launched a stand-alone artificial intelligence app designed to compete directly with ChatGPT. The new app, confirmed by Meta on Tuesday, is powered by the company’s Llama AI model. It includes a Discover feed showcasing how users interact with the assistant. It also provides suggested prompts to encourage more engagement. This development aligns with … Read more