Reality Labs’ metaverse-focused loss rose to $4.3 billion
In the October-December 2022 quarter, Meta's metaverse-linked Reality Labs posted a loss of $4.28 billion, versus $3.3 billion in Q4 2021.Meta Platforms, Inc., the parent company of Facebook, Instagram, and WhatsApp.
Reality Labs’ metaverse-focused loss rose to $4.3 billion
In the October-December 2022 quarter, Meta's metaverse-linked Reality Labs posted a loss of $4.28 billion, versus $3.3 billion in Q4 2021.
Yann LeCun: ChatGPT is not particularly innovative, but well put together
From the standpoint of the underlying methods of OpenAI's ChatGPT, it is not 'particularly innovative' and there is 'nothing revolutionary' about it.
Meta: Half of Reality Labs’ operating expenses go to AR
Meta directs 'about half' of Reality Labs' operating expenses to augmented reality.
Facebook Dating uses AI for age verification
Meta has rolled out the age-verification feature for Facebook Dating users using facial-recognition technology.
Meta urges policymakers to keep hands off metaverse regulation
Meta has urged policymakers to refrain from enacting new rules regulating the metaverse.
Meta’s AI outperforms humans in the classic board game Diplomacy
Researchers at Meta have unveiled the artificial intelligence Cicero, which plays the board game Diplomacy at a human level.
Meta shuts down ‘AI for Science’ three days after launch
Meta has removed the public version of the Galactica AI algorithm after scientists exposed it for generating false and misleading information.
Meta to host VR concert of late rapper The Notorious B.I.G.
Meta announced a concert by the late The Notorious B.I.G., who died 25 years ago, to take place on December 16 in Horizon Worlds, the social VR network.
Meta to cut more than 11,000 jobs in restructuring
Meta will cut more than 11,000 people (13% of the workforce) as part of a restructuring of its organisational structure. Mark Zuckerberg addressed employees in an open letter.
WSJ: Meta plans large-scale layoffs
Meta plans to cut thousands of jobs, according to sources cited by The Wall Street Journal.We use cookies to improve the quality of our service.
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