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Meta, ValueAct
Meta Platforms Is Making AI Waves. ValueAct Bets $1 Billion.
ValueAct Capital has amassed a $1 billion stake in Facebook and Instagram parent Meta Platforms, a validation of the tech giant’s moves in artificial intelligence, a source familiar with the matter confirmed.
Activist investor ValueAct has $1 billion stake in Meta, sources say
Activist investor ValueAct has a $1 billion stake in Facebook parent Meta, according to people familiar with the matter.
Valueact takes $1B stake in Meta Platforms, CNBC reports
Activist investor Valueact has taken a $1B stake in Meta Platforms (META), CNBC’s David Faber reported on-air on the business news
ValueAct Takes $1 Billion Passive Stake in Meta
ValueAct Capital Management has taken a $1 billion stake in Facebook parent Meta Platforms Inc., according to a person familiar with the matter.
ValueAct takes $1-billion stake in Meta, source says
ValueAct Capital has built a $1-billion stake in Meta Platforms but is not currently pushing for big changes at the Facebook and Instagram parent, a source familiar with the matter told Reuters on Tuesday.
13d
Meta’s Next Llama AI Models Are Training on a GPU Cluster ‘Bigger Than Anything’ Else
The race for better generative AI is also a race for more computing power. On that score, according to CEO Mark Zuckerberg, ...
4d
How to turn off Meta AI
Meta AI's comment summaries can be a nice way to sum up long or complex posts, but they also sometimes fill up your screen.
1d
Meta’s AI In Military Hands: The Ethical Dilemma Of Open-Source Technology
Find out the ethical concerns as Meta's Llama AI is made accessible to U.S. defense agencies, raising privacy issues.
2d
on MSN
Meta now allows military agencies to access its AI software. It poses a moral dilemma for everybody who uses it
The tech giant previously prohibited people from using its AI software for military purposes. The shift poses challenges not ...
8d
Facebook parent Meta fired whistleblower after she criticized inflated, ‘out of thin air’ AI-revenue prediction, lawsuit claims
In late 2022, Facebook parent Meta saw ChatGPT go viral and went all in on developing its own version of generative ...
13d
Facebook owner Meta warns of worsening AI losses after sales narrowly beat forecast
Its Reality Labs unit posted a US$4.4 billion (S$5.8 billion) operating loss in the quarter. Read more at straitstimes.com.
The Motley Fool on MSN
6d
Is Meta Platforms a Top Artificial Intelligence (AI) Stock to Buy Now?
Llama has seen adoption as the building block of internal AI models for AT&T, Goldman Sachs, and Shopify. From January 2024 ...
13d
Zuckerberg says Meta to boost investments in AI
“Our
AI
investments continue to require serious infrastructure and I expect to continue investing significantly there,” ...
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