Technology Today News Meta S Use Of Ai Has Far From Peaked But The Technology May Already Be Getting The Company In Trouble

Meta scales back metaverse spending following reports of cutting budget by up to 30%

Meta pivots from costly metaverse projects to AI-powered glasses. Company redirects Reality Labs resources following reports of lukewarm metaverse reception. Read More

Why Meta’s stock may be ready to rally 70%, despite Zuckerberg’s massive AI-spending plans

Fears of a spending spree have weighed on shares, but one analyst argues that Meta has the clearest AI payoff among the “Magnificent Seven.” ... Read More

Meta to cut up to 30% of metaverse budget, Bloomberg News reports

Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported on Thursday, citing people familiar with the discussions. Read More

Meta’s Zuckerberg Plans Deep Cuts for Metaverse Efforts

Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for ... Read More

Meta eyes budget cuts for its metaverse group as CEO Mark Zuckerberg doubles down on AI

Meta plans Reality Labs budget cuts up to 30%, weighing job cuts amid metaverse losses and renewed focus on AI technology. Read More

Meta is reportedly in talks to use Google's AI chips

Meta is weighing a major shift in its artificial intelligence infrastructure, reportedly exploring a deal to run its models on Google's custom data center chips. If the talks advance, the move would ... Read More

EU investigating Meta over policy change that bans rival AI chatbots from WhatsApp

The European Commission is launching an antitrust investigation into Meta's move to ban other AI companies from using WhatsApp's business tools to offer their own AI chatbots to users. Read More

Meta cuts 600 jobs amid AI expansion push — as automation replaces human staff

Meta is cutting around 600 jobs within its artificial intelligence unit, a move it says aims to boost efficiency. The layoffs to Meta's Superintelligence Labs division, which has nearly 3,000 ... Read More

Meta's AI glasses could mean more independence for the blind community

Emeline Lakrout, a busy New Yorker with a knack for running, rock climbing and swimming, doesn't let being legally blind stop her from living an active lifestyle. Despite being declared blind at 8 ... Read More

Meta Has the Right Smart Glasses. Let Someone Else Handle the AI

Katelyn is a writer with CNET covering artificial intelligence, including chatbots, image and video generators. Her work explores how new AI technology is infiltrating our lives, shaping the content ... Read More

Meta adding AI chatbot safety features for teens

Meta, the parent company of Instagram and Facebook, plans to roll out new safety features for its AI chatbots to help protect teens amid growing concerns about the technology’s impact on young users. Read More