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If you told me a few years ago that Meta would be coming for the action camera market, I might have laughed. They’ve tried hard to make cameras cool (remember their Portal device that bombed so badly because of impending backlash from the Cambridge Analytica scandal?), but somehow it never worked. Two years ago, something…
Mark Zuckerberg’s AI talent hiring spree continues. In recent months, Meta tried to acquire Safe Superintelligence, the $32 billion AI startup co-founded by OpenAI’s former chief scientist, Ilya Sutskever, according to a report from CNBC on Thursday. Sutskever ultimately turned Meta down, according to CNBC, but the company is now in talks to hire Safe…
We’ve heard it all — X is turning into a right-wing echo chamber, Bluesky is a liberal bubble, and so on. But a glitch on Threads has turned these concerns into a reality: Everyone is saying the same exact thing over and over again. In a bug affecting some Threads users on desktop and mobile,…
Meta is working on a pair of AI smart glasses with the Italian high fashion brand, Prada, according to a report from CNBC on Tuesday. It’s unclear at this time when Meta’s Prada smart glasses will be publicly announced. The reported Prada collaboration signifies that Meta aims to bring its AI smart glasses technology to…
Meta CEO Mark Zuckerberg has been on something of a hiring spree lately, trying to staff up Meta’s new superintelligence team with top-tier AI researchers from competing labs. To work on a team led by former Scale AI CEO Alexandr Wang and at a desk physically near Zuckerberg, Meta has reportedly offered employees from OpenAI…
Instagram is testing the ability for users to repost posts, the company confirmed to TechCrunch on Monday. The move doesn’t come as a surprise, as the social network was spotted developing the feature as far back as 2022. Some users have reported seeing the feature on their accounts, with one noting that users will be…
Meta’s big investment in Scale AI may be giving some of the startup’s customers pause. Reuters reports that Google had planned to pay Scale $200 million this year but is now having conversations with its competitors and planning to cut ties. Microsoft is also reportedly looking to pull back, and OpenAI supposedly made a similar…
Meta’s deal to partially acquire the AI startup Scale, giving it 49% ownership, is certainly unusual. What Scale officially announced is that the deal values the company at over $29 billion and that it will “distribute” proceeds to shareholders and vested equity holders (aka employees) granting them with “substantial liquidity” while allowing them to continue…
Data-labeling company Scale AI confirmed on Friday that it has received a “significant” investment from Meta that values the startup at $29 billion. The startup also said its co-founder and CEO Alexandr Wang is stepping down from his role to join Meta and help the bigger company with its AI work. Reports indicate that Meta…
Meta is the latest tech company to warm to geothermal energy, announcing on Thursday a deal with startup XGS Energy to develop a 150 megawatt geothermal power plant in New Mexico. XGS Energy has yet to say where it’ll be building the power plant, and Meta wouldn’t disclose specifics about the deal other than to…