Meta's AI advancements could redefine app economics, enhancing user experiences and solidifying its competitive edge in the tech industry.
The post Meta debuts Muse Spark, its first major AI model since rebuilding its AI lab appeared first on Crypto Briefing.
Meta is launching the first AI image generation model made by its Superintelligence Labs division. The Muse Image model now powers the image-making tools across the Meta AI app, Instagram, and WhatsApp, and it's coming soon to Facebook and Messenger, according to an announcement on Tuesday.
It's part of the growing Muse family of AI models that replace Meta's Llama lineup. Alexandr Wang, who Meta hired to head up its Superintelligence Labs last year, says on Threads that Muse Image is "agentic," meaning it works with its Muse Spark large language model "to reason through your prompt, search the web, and plan before it generates." Meta is al …
Read the full story at The Verge.
Meta's silent launch of Pocket raises questions about its strategic direction, regulatory challenges, and potential monetization hurdles.
The post Meta quietly drops an AI game-making app for kids, and nobody’s talking about the business model yet appeared first on Crypto Briefing.
Muse Image, which can create realistic images for users on Instagram and WhatsApp, is the company’s latest attempt to catch up in the global artificial intelligence race.
The post Analyst issues new Meta stock price target after ‘deeply undervalued’ call appeared on BitcoinEthereumNews.com.
Meta Platforms (NASDAQ: META) has received a fresh bullish endorsement on Wall Street after Truist Securities reaffirmed its ‘Buy’ rating and maintained an $840 stock price target. The target implies upside of about 37% from Meta’s press-time price of $612. META one-week stock price chart. Source: Finbold The updated outlook comes as the firm argued that Meta remains deeply undervalued, citing the company’s massive global user base and growing ability to monetize artificial intelligence across its ecosystem. Truist analyst Youssef Squali’s thesis centers on Meta’s unique distribution advantage, which includes more than 3.5 billion daily users, over 200 million small and medium-sized businesses, and more than 10 million advertisers across its platforms. According to the research note, Meta’s AI strategy is increasingly focused on monetization rather than solely compet
Net-zero pledges of Google and Amazon slip out of reach, and struggling Meta makes frantic moves
Hello, and welcome to TechScape. I’m your host, Blake Montgomery, the Guardian’s US tech editor, writing to you after a rodeo in rural Texas, where I celebrated Independence Day. Today in tech, we’re discussing how tech giants’ investments in AI are hindering their pledges of climate neutrality, Meta’s frantic search for new lines of business, and Americans’ anger at tech’s political influence.
Revealed: landmark Scottish AI project has no prospect of meeting renewables promise
US residents angry at datacenters ‘being shoved down our throats’ are recalling officials
Americans disgusted at Trump earning $1bn from crypto as president: ‘Obviously a grift’
Tesla sales surpass expectations for second quarter as Musk backlash seems to cool
3,000% bonuses but a growing wealth divide: South Korea grapples with its AI chip boom
China wants to solve the hardest problem in robotics – making hands
What
The legal actions against Meta could reshape tech industry standards, impacting user engagement strategies and potentially reducing ad revenues.
The post US states seek $1.4T in penalties from Meta over addiction claims appeared first on Crypto Briefing.
