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Meta’s Stealth Approach to AI Points to Higher Revenue in Fiscal Year 2024

Meta intends to commercialize the Llama 2, its large language model (LLM), as it focuses on the metaverse as the bigger picture amid mainstream adoption of generative AI technologies. Meta Platforms Inc (NASDAQ: META) has undeniably enjoyed a profitable YTD with a strong interaction recorded in its family of applications. According

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PayPal applies for NFT marketplace patent, Meta’s avatars impress: Nifty Newsletter

In this week’s newsletter, read about how a nonfungible token (NFT) artist raised money to support a cancer charity and why payments platform PayPal has filed a patent application for an NFT marketplace. Check out Meta’s new photorealistic metaverse avatars and, in other news, learn why Neal Stephenson’s metaverse blockchain

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Meta’s Twitter rival Threads to launch July 6, but will the crypto community budge?

Meta is planning to launch its new Twitter rival, Threads, on July 6, only days after Twitter’s “rate limit” debacle which has temporarily capped how many posts users can read per day.The platform, which is heavily tied to the photo and video-sharing social network Instagram, is expected to be released

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Meta’s Zuckerberg grilled by senators over ‘leak’ of LLaMA AI model

Two United States senators have questioned Meta chief executive Mark Zuckerberg over the tech giant’s “leaked” artificial intelligence model LLaMA which they claim is potentially “dangerous” and could be used for “criminal tasks.”In a June 6 letter, U.S. Senators Richard Blumenthal and Josh Hawley criticized Zuckerberg’s decision to open source

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Metaverse ETF ‘PUNK’ closing after betting against Meta’s vision

After 15 months and an approximate 30% loss, an exchange-traded fund (ETF) opposing Meta’s perspective on the metaverse is shutting down.Subversive Capital is set to shut down and liquidate its Subversive Metaverse ETF, known by its “PUNK,” ticker, as the company shifts its focus toward artificial intelligence (AI).In January 2022,

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