Luke Metz, a prominent AI researcher formerly with OpenAI, has joined Meta's Superintelligence Labs, reporting to AI head Alexandr Wang. This move is part of Meta's ongoing strategy to strengthen its AI capabilities amid fierce competition for top talent. Metz's arrival follows his recent stints at OpenAI and Thinking Machines, highlighting the fluidity of AI experts among leading firms. Meta continues to invest heavily in AI development, signaling its commitment to advancing cutting-edge technology.
Anthropic has told investors its potential revenue could reach $30 trillion, roughly equal to the US GDP, but this figure represents the total addressable market, assuming it captures 100% of it. Analysts estimate Anthropic's actual revenue this year...
Snap stock fell 7% after Pennsylvania sued it over Snapchat's effects on children, reversing a prior 7% gain. Meanwhile, Meta agreed to settle a 29-state teen social media addiction lawsuit for up to $16.7 billion, causing only a slight 0.4% stock dr...
Meta Platforms has reached a bipartisan agreement with 52 US state attorneys general to implement strict protections for teens on Instagram and Facebook, including daily time limits, night mode blocks, muted notifications during school hours, and enh...
Meta has agreed to pay up to $18 billion to settle a lawsuit brought by 29 U.S. states accusing the company of designing addictive social media platforms like Instagram and Facebook that harm children. The states also alleged Meta violated the Childr...
Meta has agreed to settle a major US lawsuit accusing it of addicting and harming children through its social media products, with a payment of up to $17 billion. The settlement requires Meta to implement protections for teenage users, including dail...
