The educational sector will soon get access to Meta’s enterprise-level Quest services, the social media behemoth said on April 15. When it comes to extended reality (XR) headsets, the Quest models from this business are “by far the most popular on the market,” as Statista puts it. Moreover, by the
Despite recording its most quarterly sales ever in the Q4 of 2023, Meta’s mixed-reality arm, Reality Labs, had an operating loss of more than $4.6 billion. While Meta’s virtual and augmented reality (VR/AR) research arm, Reality Labs, lost $4.65 billion in Q4, the company’s overall revenue was roughly $1.1 billion,
It has been revealed that social media behemoth Meta (Facebook) has abolished the department that oversees the regulation of its AI initiatives under development and deployment. Several members of the regulation AI team at Meta have apparently moved to the generative AI product team, while others have joined the AI
Despite a stated shift in focus toward AI, Meta has not abandoned the metaverse. This was reaffirmed by Meta founder and CEO Mark Zuckerberg during an earnings call. Zuckerberg stated: “Our investments in AI continue. We remain fully committed to the Metaverse vision as well. We’ve been working on both
According to reports, numerous prominent Crypto Twitter users have already issued warnings regarding the presence of imposter accounts on Meta’s new microblogging app, Threads. Threads, which introduced on July 5, has witnessed a surge in registrations, with the number of sign-ups exceeding 98 million in the days that followed. Nevertheless,
Only days after Twitter’s “rate limit” occurrence, which temporarily curtailed how many tweets users may view each day, Meta intends to debut its new Twitter competitor, Threads, on July 6. A Meta-launched countdown site suggests that the launching of the platform, which is deeply integrated with the Instagram picture and
Meta strives to maintain its pioneering position in virtual reality (VR). The release of Vision Pro has sparked speculations regarding Mark Zuckerberg’s perspective as CEO of Meta in response to the competition posed by Apple‘s VR headset. Reports indicate that Zuckerberg explored his response to the technical features of Vision
A record-breaking €1.2 billion ($1.3 billion) punishment was issued by the Data Protection Commission of Ireland against the social networking company, Meta. It is forbidden to send information on European Facebook users to the U.S. This is a serious breach of European Union data privacy laws. Because of Meta’s disregard
Sui will release the SUI token, the native token of its Layer 1 blockchain, when the mainnet goes live on May 3. Ahead of the mainnet launch, the team has unveiled a new development for the growing community. According to the details from the announcement on their official Twitter account,
In an effort to compete with OpenAI and Google’s offerings, tech giant Meta has announced ambitions to begin generating income from its unique generative artificial intelligence firm by the end of 2023. While Meta has been active in the AI sector since at least 2013, this is the first time
