Content tagged with Meta

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Meta is still burning money on AR/VR

When Meta released its quarterly earnings report on Wednesday evening, a colleague pointed out how Meta lost $4 billion on Reality Labs, the division responsible for its AR glasses, VR headsets, and VR software. Meta losing $4 billion on Reality Labs just didn’t seem surprising. Reality Labs lost another $4 …

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Meta inks deal for solar power at night, beamed from space

The race to secure electricity for AI models has reached new heights: Meta has signed an agreement with the startup Overview Energy that could see a thousand satellites beam infrared light to solar farms that power data centers at night. In 2024, Meta’s data centers used more than 18,000 gigawatt-hours …

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Threads is adding Live Chats to boost real-time engagement

Threads is launching “Live Chats” to allow for real-time conversations during cultural events, the Meta-owned platform announced on Wednesday. The company says the idea behind the new feature is to help make the app feel more timely and relevant. Live Chats are launching first within the NBA Threads community during …

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Meta AI app climbs to No. 5 on the App Store after Muse Spark launch

Meta’s AI app has seen a sizable jump in installs following Wednesday’s launch of the company’s newest AI model, Muse Spark — its first model release under Alexandr Wang, the head of Meta’s Superintelligence Labs who was recruited from Scale AI last year to overhaul the social giant’s AI efforts. …

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Meta debuts the Muse Spark model in a ‘ground-up overhaul’ of its AI

Meta released an AI model on Wednesday called Muse Spark, which marks its “first step” toward an “overhaul of [its] AI efforts. ” Muse Spark is the inaugural model to come out of Meta Superintelligence Labs, which was created last year because CEO Mark Zuckerberg was reportedly unhappy with the …

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Meta decides not to shut down Horizon Worlds on VR after all

According to an Instagram post from Meta’s CTO Andrew Bosworth, Meta is not shutting down VR support for Horizon Worlds after all, which should come as a huge relief to, like, five people. “We have decided, just today in fact, that we will keep Horizon Worlds working in VR,” Bosworth …

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Meta reportedly considering layoffs that could affect 20% of the company

Meta is considering major layoffs that could affect 20% or more of the company’s workforce, according to Reuters. These layoffs could help the Facebook parent company offset its aggressive spending on AI infrastructure, as well as AI-related acquisitions and hiring. Meta employed nearly 79,000 people as of December 31, according …

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Meta acquired Moltbook, the AI agent social network that went viral because of fake posts

Meta acquired Moltbook, the Reddit-like “social network” where AI agents using OpenClaw can communicate with one another. The news was first reported by Axios and later confirmed to TechCrunch. Moltbook is joining Meta Superintelligence Labs, a Meta spokesperson told us. Moltbook creators Matt Schlicht and Ben Parr will join the …

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The billion-dollar infrastructure deals powering the AI boom

It takes a lot of computing power to run an AI product — and as the tech industry races to tap the power of AI models, there’s a parallel race underway to build the infrastructure that will power them. On a recent earnings call, Nvidia CEO Jensen Huang estimated that …

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Threads is testing a shortcut to quickly start DM conversations

Threads is testing a shortcut to make it easier to DM someone, the Meta-owned company announced on Thursday. Users who are part of the test can type “DM me” or “Message me” in a post or reply to automatically generate a hyperlink that invites others to start a private conversation …

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