Meta has integrated facial recognition code into its smart glasses companion app, Meta AI, which has been downloaded over 50 million times. The feature, called "NameTag," can biometrically identify people in view and notify the wearer, storing biometric face data on the user's phone. Although not yet activated for consumers, this move raises privacy concerns about surveillance and biometric tracking without consent. Meta says no final launch decision has been made and denies building a central face database, but digital rights experts warn of risks related to misuse and lack of clear privacy safeguards.
Meta Platforms is reportedly considering a large stock offering to raise tens of billions of dollars to support its investments in artificial intelligence, following Alphabet's recent move to do the same. This shift from primarily issuing debt to rai...
Meta's shares dropped more than 5% following reports that the company might raise tens of billions of dollars through a stock offering to fund its artificial intelligence initiatives. This move would follow Alphabet's recent announcement to raise $85...
Meta embedded facial recognition technology called "NameTag" into its AI companion app for smart glasses, downloaded by over 50 million users, though the feature is not yet activated. The tech can create biometric faceprints from people seen by the g...
New analysis from TS Lombard predicts that the US will invest about 2% of its GDP in artificial intelligence and data center infrastructure in 2026, totaling up to $800 billion. This investment surpasses that of any other country and is comparable to...
Apple and Alphabet are currently best positioned in the AI industry, generating strong positive free cash flow despite increased capital expenditures across the sector. In contrast, companies like Microsoft, Amazon, Meta, and Oracle are experiencing ...
