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Meta Platforms CEO Mark Zuckerberg announced the social media company plans to spend as much as $65 billion this year alone to build on its artificial intelligence efforts.
The inability of Meta's AI chatbot to identify the current president of the United States was elevated to urgent status by the Facebook owner this week, requiring a fast fix, a person familiar ...
US President Donald Trump has signed a legal settlement that will see Facebook and Instagram owner Meta pay him roughly $25m (£20m). Trump sued the social media giant and its chief executive ...
Automated journalism, also known as algorithmic journalism or robot journalism, [1] [2] [3] is a term that attempts to describe modern technological processes that have infiltrated the journalistic profession, such as news articles and videos generated by computer programs.
Meta AI is a company owned by Meta (formerly Facebook) that develops artificial intelligence and augmented and artificial reality technologies. Meta AI deems itself an academic research laboratory, focused on generating knowledge for the AI community, and should not be confused with Meta's Applied Machine Learning (AML) team, which focuses on the practical applications of its products.
The news feed is the primary system through which users are exposed to content posted on the network. Using a secret method (initially known as EdgeRank), Facebook selects a handful of updates to actually show users every time they visit their feed, out of an average of 1500 updates they can potentially receive.
Shares of Meta are up 65% over the last 12 months. In Q4, Meta is expected to report earnings per share of $6.75 on revenue of $46.9 billion, according to Bloomberg data.
In 2020, Facebook, Inc. spent $19.7 million on lobbying, hiring 79 lobbyists. In 2019, it had spent $16.7 million on lobbying and had a team of 71 lobbyists, up from $12.6 million and 51 lobbyists in 2018. [127] Facebook was the largest spender of lobbying money among the Big Tech companies in 2020. [128]