- 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.
Main topic: Meta Platforms is preparing to launch Code Llama, a code-generating artificial intelligence model that will be open-source and rival OpenAI's coding models.
Key points:
1. Code Llama will make it easier for companies to develop AI assistants that suggest code to developers as they type.
2. Code Llama builds on Meta's Llama 2 software, a large-language model that enables companies to create their own AI apps without paying for software from OpenAI, Google, or Microsoft.
3. Code Llama poses a potential threat to paid coding assistants such as Microsoft's GitHub Copilot, which is powered by OpenAI.
Meta has open sourced Code Llama, a machine learning system that can generate and explain code in natural language, aiming to improve innovation and safety in the generative AI space.
Meta is developing an AI-powered 'universal language translator' called SeamlessM4T, Walmart partners with Alphabet's Wing for drone deliveries in Texas, and India successfully lands on the moon with plans to send astronauts to space and explore Mars and Venus.
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 Platforms is outpacing its competitors in the advertising industry's rebound, thanks to its investments in AI, while Google and Snap struggle to show significant growth, strengthening the bullish thesis for Meta and weakening the theses for Google and Snap.
Meta is developing a new, more powerful and open-source AI model to rival OpenAI and plans to train it on their own infrastructure.
Meta Platforms is bolstering its position as a contender in the artificial intelligence industry, aided by news of its ambitions in this rapidly growing sector, resulting in a rise in the company's stock and support from Nvidia.
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 has launched its metaverse game, Horizon Worlds, on mobile and web in early access, while Magic Eden integrates compressed NFTs into its marketplace, Bitcoin Ordinals proposes changing the protocol's numbering system, and Atari founder criticizes play-to-earn gaming; meanwhile, the SEC charges Stoner Cats with offering unregistered securities.
Meta Platforms (META) is set to detail its metaverse and artificial intelligence efforts at its Connect conference, with analysts expecting a positive impact on the stock as it forms a cup-with-handle base and offers an early entry point above its September 20 high of 308.06.
Meta Platforms (META) stock has a strong setup, with two buy points in reach, ahead of this week's Connect conference where the parent company of Facebook and Instagram is set to unveil its new virtual-reality headset, generative AI tools, and more.
Meta Platforms is hosting a two-day event on AI and the metaverse, featuring the launch of Quest 3 and AI bots.
Meta is entering the AI chatbot competition with its own assistant and a range of AI characters, offering features such as real-time web results through a partnership with Microsoft's Bing and generating images via prompts, with the aim of providing a conversational and immersive user experience.
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.
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 CEO Mark Zuckerberg introduced new artificial intelligence tools, celebrity-endorsed digital assistants, and innovative products like the Quest 3 VR headset and Ray-Ban smart glasses during the Meta Connect conference, aiming to boost the development of the metaverse.
Meta has announced the launch of its own AI chat assistant and a selection of AI characters, including Snoop Dogg as a dungeon master, for its messaging platforms WhatsApp, Instagram, and Messenger.
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.
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.
Meta's chief technology officer, Andrew Bosworth, asserts that the company is not behind rivals like ChatGPT in generative AI, emphasizing that the majority of the world's population will have their first experience with generative AI through Meta's platforms.
Meta Platforms stock experienced a turnaround as it unveiled new smart glasses with a built-in AI assistant, a virtual-reality headset, and lifelike avatars, further solidifying its position in the digital advertising market and the metaverse.
Meta AI impresses analysts with its new AI features and head-worn devices, Amazon faces an antitrust lawsuit from the FTC but maintains positive outlook from analysts, Micron forecasts a loss amidst chip supply glut, and Apple's iPhone 15 models experience overheating issues.
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.
Large companies are expected to pursue strategic mergers and acquisitions in the field of artificial intelligence (AI) to enhance their capabilities, with potential deals including Microsoft acquiring Hugging Face, Meta acquiring Character.ai, Snowflake acquiring Pinecone, Nvidia acquiring CoreWeave, Intel acquiring Modular, Adobe acquiring Runway, Amazon acquiring Anthropic, Eli Lilly acquiring Inceptive, Salesforce acquiring Gong, and Apple acquiring Inflection AI.
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 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 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.
