Alphabet topped analysts’ estimates, reporting revenue growth of 15% for the quarter, the fastest rate of expansion since early 2022. Ad sales at YouTube jumped 20%, also beating expectations. Questions have been swirling about the future of Google’s online ads, because the biggest revenue driver remains search, which is under pressure as new generative AI …
Meta stock (META) fell more than 10% on Thursday after CEO Mark Zuckerberg revealed that the social media company is pouring more cash into its AI efforts, spooking investors. The CEO, however, tried to assuage investor concerns about the company’s spending during Wednesday’s earnings call, noting that Meta has made similar moves when transitioning to …
Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. Alex Wong | Getty Images Mark Zuckerberg started Meta’s earnings call by talking about artificial intelligence. Then he moved onto the metaverse, touting his company’s headsets, glasses and operating system. He spent …
Sundar Pichai, chief executive officer of Alphabet Inc., during Stanford’s 2024 Business, Government, and Society forum in Stanford, California, US, on Wednesday, April 3, 2024. Justin Sullivan | Getty Images The troubling news comes alongside a generative AI gold rush, as Big Tech players race the new technology into their vast portfolios of products and …
Meta’s metaverse dreams might actually blossom a bit this spring as it’s finally done trying to hole itself in its own walled garden and its Meta Quest 3 headset. Now, the Zuckerberg-led company has its own OS ecosystem, called Horizon OS, and with new headsets coming from some of the biggest PC makers out there, …
Are we there yet? Virtual reality headsets are quietly revolutionizing business and healthcare. They’ve been used to teach KFC staff to fry chicken, prepare UPS drivers for road hazards, and train astronauts for outer space. In healthcare, they’re used for pain management by veterans and kids with cancer. And these are only a few examples. …
Last Updated: April 04, 2024, 10:17 IST During the outage, users couldn’t send or receive messages. (Representative Image) Meta-owned WhatsApp went down for a brief period on Wednesday night, leaving several users in a fix. The popular global instant messaging application WhatsApp experienced a significant outage, leading to disruptions for users worldwide, including …
We’re all familiar with artificial intelligence, Silicon Valley’s latest revenue stream hopeful that’s currently making all of our lives much, much better. AI has had a remarkable rise these last few years, sucking up the internet and reducing it to some of the ugliest, most incoherent spam we’ve ever seen. It really is impressive. But …
Woman wearing Ray-Ban Meta Smart Glasses during Miami Art Week on December 9, 2023Photo: Arturo Holmes/Getty Images for Meta (Getty Images) Meta is giving its Ray-Ban collaboration smart glasses an upgrade next month that will have users talking to their specs. Is Bitcoin a good speculative investment? The Ray-Ban Meta glasses, which have features including …
Clegg, a former British deputy prime minister, argued that policing AI was akin to building a plane already in flight — inherently risky and difficult work. Harris trumpeted Washington’s efforts to address the dangers of AI through voluntary business agreements as the world’s gold standard. Ursula von der Leyen, the European Commission president, who was …