- Meta Platforms, formerly known as Facebook, is exploring the development of artificial intelligence (AI) products to assist creators in connecting with their fans.
- CEO Mark Zuckerberg mentioned the potential use of AI agents or chatbots to facilitate interactions between creators and their audiences.
- The company aims to create experiences that enable people to connect with the creators they admire and help creators build and nurture their communities.
- The specific AI products and features that Meta Platforms plans to develop for this purpose were not disclosed.
- This move aligns with Meta's broader strategy of focusing on the creator economy and enhancing user experiences on its platforms.
- Meta is planning to roll out AI-powered chatbots with different personas on its social media platforms.
- The chatbots are designed to have humanlike conversations and will launch as early as next month.
- Meta sees the chatbots as a way to boost engagement and collect more data on users.
- The chatbots may raise privacy concerns.
- Snapchat has also launched an AI chatbot, but faced criticism and concerns.
- Mark Zuckerberg mentioned that Meta is building new AI-powered products and will share more details later this year.
- More details on Meta's AI roadmap are expected to be announced in September.
- Meta reported 11% year-over-year revenue growth.
Meta, the company behind Facebook, is taking a different approach from other AI developers by releasing its AI models for download and free commercial use, sparking a larger debate about access control to AI models and their potential risks and benefits.
Meta's future growth relies heavily on AI as it aims to optimize its advertising offerings and emerge as a leader in AI-enhanced digital advertising, despite facing regulatory concerns and competition in the fast-moving AI landscape.
Meta, formerly known as Facebook, is reportedly developing a powerful new AI model to compete with OpenAI's GPT-4 and catch up in the Silicon Valley AI race.
Meta Platforms (META) has leveraged the metaverse and the AI boom to secure a spot on the IBD 50 and IBD Leaderboard, joining other AI companies like Nvidia, Microsoft, Alphabet, and Amazon.com. Meta Platforms has released Code Llama, a large language model aimed at innovating in generative AI and making workflows faster for developers, further solidifying its partnership with Microsoft.
Meta plans to release personality-driven AI chatbots across various platforms to attract young users, with the first bots expected to launch this week. The bots will be available on social media sites such as Instagram, Facebook, and Whatsapp and aim to increase chat engagement while providing potential productivity tools. Internal documents reveal bots like "Bob the Robot" and "Alvin the Alien," with the former designed to resonate with young people through farcical humor and the latter potentially collecting personal information. Meta's move to target younger users comes in response to TikTok's popularity, and they are also reportedly developing chatbot tools for celebrities.
Mark Zuckerberg, the CEO of Meta (formerly Facebook), is going through a transformation, maturing and mellowing as he takes on the challenge of reshaping his company and leaving a lasting legacy by making big bets on the future, including the investment in the metaverse and philanthropic efforts through the Chan Zuckerberg Initiative.
Meta CEO Mark Zuckerberg will kick off the tech giant’s Connect developer conference with a focus on virtual and augmented reality, artificial intelligence, and tools to keep users engaged amid competition with TikTok.
A key executive at Meta Platforms, Alexis Black Bjorlin, is leaving her position overseeing the development of AI chips for the company's data centers, while Meta continues its efforts to create its own AI hardware.
Meta Platforms CEO Mark Zuckerberg unveils new Ray-Ban smart glasses, AI products, and an updated virtual-reality headset as part of the company's metaverse expansion efforts.
AI-powered stickers, image editing features, a new virtual assistant called Meta AI, and a lineup of AI characters are being introduced by Facebook to enhance connections, creativity, and expression for users on platforms such as WhatsApp, Messenger, Instagram, and Ray-Ban Meta smart glasses.
Meta has partnered with celebrities and influencers to transform them into AI-powered chatbots with distinct personalities and profiles, including Snoop Dogg, Charli D’Amelio, Tom Brady, and Paris Hilton. These celebrity chatbots will be available on Instagram and Facebook, providing entertainment and connection, with voice capabilities expected in the future. Additionally, Meta has announced AI image-editing features for Instagram and new customized stickers across its platforms.
Meta CEO Mark Zuckerberg believes there is a significant demand for AI versions of celebrities, but due to brand safety concerns, it may be a 'next year' project, allowing consumers to interact with their favorite stars in a fun and engaging way.
Meta CEO Mark Zuckerberg and AI researcher Lex Fridman showcased Meta's metaverse technology, including ultra-realistic avatars, during a podcast, demonstrating a sense of presence and intimacy that Fridman described as "incredible"; Meta is betting on the integration of AI into virtual and augmented reality to create a metaverse, with the goal of facilitating immersive social experiences and enhanced communication and connection through photorealistic avatars.
Meta Platforms used public Facebook and Instagram posts, excluding private and sensitive information, to train its Meta AI virtual assistant, according to the company's president of Global Affairs, Nick Clegg.
Mark Zuckerberg hosted a dinner party with AI-generated celebrities, showcasing the possibilities of AI technology and discussing the future of human connection in the metaverse at Meta's Connect conference.
Meta's Connect conference focused on the future of artificial intelligence (AI) and virtual reality (VR), with Mark Zuckerberg emphasizing the development of hologram interactions, AI assistants, and the new Quest 3 VR headset.
Meta Platforms, Inc. (NASDAQ:META) is expected to benefit from the AI wave and the personal AI assistant category, presenting a potentially large market opportunity for the company through advertising or subscriptions. Despite the continued spending on the Metaverse and the potential for AR/VR devices to be sold at a loss, Meta remains cheap compared to other tech giants, and the stock is poised for growth.
Meta's Connect keynote focused heavily on the introduction of new AI features, signaling a shift away from the metaverse, which has faced financial challenges and criticism, but AI will still play a significant role in Meta's hardware and the future of the metaverse.
Tech giant Meta (formerly Facebook) is targeting Gen Z with a range of AI features including chatbots with personalities, AI-generated stickers, and AI personalities based on celebrities, but experts are divided on whether this strategy will be successful in capturing the attention and dollars of the demographic.
The rally in artificial intelligence stocks has cooled off, but companies like Amazon and Facebook-parent Meta Platforms continue to make headlines in the AI industry. The focus now shifts to monetization strategies for AI products and the potential for new revenue for companies.
Meta has launched AI-powered chatbots across its messaging apps that mimic the personalities of celebrities, reflecting the growing popularity of "character-driven" AI, while other AI chatbot platforms like Character.AI and Replika have also gained traction, but the staying power of these AI-powered characters remains uncertain.
Meta Platforms showcased its new generative AI tools, including AI assistants, chatbots, and image generators, which could increase engagement with its apps and drive revenue for its messaging businesses, potentially propelling the company back into the $1 trillion club.
Meta, formerly known as Facebook, is reportedly planning to lay off employees in its Reality Labs division focused on creating custom silicon, which could pose challenges to CEO Mark Zuckerberg's goal of building augmented and virtual reality products for the "metaverse." The unit, known as Facebook Agile Silicon Team (FAST), has struggled to compete with external chip providers, leading Meta to rely on Qualcomm for chip production. The company recently announced new versions of its smart glasses and Quest headset, and it is also working on sleeker AR glasses and smartwatches.
Meta has unveiled "Meta AI," a generative AI assistant featuring celebrity alter egos like Kendall Jenner, Snoop Dogg, Tom Brady, Naomi Osaka, Chris Paul, and Paris Hilton to enhance user engagement with AI.
Meta is reportedly paying a top creator up to $5 million for six hours of work in the studio to use their likeness as an AI assistant, as part of the company's new feature that features celebrities' images for its chatbots.
Meta CEO Mark Zuckerberg discussed the company's metaverse strategy at the Meta Connect 2023 event, highlighting the importance of AI in their products and partnerships with Qualcomm. The newly announced Quest 3 headset offers improved features but faces challenges due to its higher price compared to its predecessor. Meta's Ray-Ban smart glasses have seen improvements and the company is focused on expanding its services and enterprise applications. AI is also a key focus for Meta, with the inclusion of AI assistants and the establishment of an AI Studio for developers. Overall, Meta aims to deliver high-quality hardware and improve user experiences in the XR space.
Meta's open-source AI model, Llama 2, has gained popularity among developers, although concerns have been raised about the potential misuse of its powerful capabilities, as Meta CEO Mark Zuckerberg took a risk by making the model open-source.
Meta, formerly known as Facebook, is reportedly paying a top creator up to $5 million over two years for using their likeness as an AI assistant, as the company introduces 28 AI chatbots with different personalities that use celebrities' images.
AI chatbots pretending to be real people, including celebrities, are becoming increasingly popular, as companies like Meta create AI characters for users to interact with on their platforms like Facebook and Instagram; however, there are ethical concerns regarding the use of these synthetic personas and the need to ensure the models reflect reality more accurately.
Meta's AI characters, which include famous celebrities playing fictional roles, are essentially just standard chatbots that interact with users through messaging platforms like Facebook Messenger, Instagram, and WhatsApp. However, their limited contextual reactions and reliance on pre-recorded video undermine the experience and raise questions about privacy and data.
Meta has introduced AI-generated personas, including AI influencers, on platforms like Instagram and Facebook, featuring the likeness and personality of celebrities and public figures like Kendall Jenner, Tom Brady, and Paris Hilton.
Meta's celebrity AI persona based on Tom Brady, the Brady Bot, has faced criticism for denigrating Colin Kaepernick and providing inaccurate information about his absence from the NFL, raising concerns about the perils of using AI to represent public figures and brands. Meta acknowledged that their AIs may produce inappropriate or inaccurate information and stressed that the bots are still experimental. The incident highlights the complexities and potential consequences of letting tech companies create AI versions of celebrities.
Main topic: Growth and future prospects of Meta's Threads app and Meta's focus on generative AI.
Key points:
1. Threads app has "just under" 100 million monthly active users, and Mark Zuckerberg believes there is a "good chance" it could reach 1 billion users in the next few years.
2. The app initially faced engagement issues, but Meta has been adding new features, resulting in increased engagement, including attracting former "power users" from X.
3. Meta is increasingly focused on generative AI and plans to deprioritize non-AI projects, while continuing to invest in the metaverse, despite heavy losses in the AR and VR division.
Meta Platforms reported strong Q3 earnings that exceeded revenue and profit expectations, with a rebound in the advertising business and balanced expense guidance for 2023 and 2024; however, Meta's stock dipped over 3% as CFO Susan Li mentioned "softer" ad spend due to the Israel-Hamas war, and warned of volatility in 2024. Mark Zuckerberg discussed AI, the success of Threads, and the open-source strategy for AI models.
Meta, formerly Facebook, has seen a remarkable turnaround in its business performance over the past year, with its core business thriving and revenues increasing by 23% in the third quarter of 2023. The company's strategic decisions, including a focus on AI and gen AI technology, have played a crucial role in its resurgence.
Meta's Reality Labs division, responsible for developing the metaverse, has incurred losses of around $46.5 billion since 2019, but Mark Zuckerberg's net worth has soared despite this setback.
