Tag: Meta.

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AI startup by ex-Meta and Google researchers raises $113M in seed funding

The company is on a hiring spree and on the lookout for researchers, software engineers and product developers in AI. A brand new artificial intelligence (AI) startup dedicated to rival ChatGPT creator, OpenAI, raised $113 million in seed funding, bringing up its valuation to $260 million within two months of inception. Former AI researchers —…
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The Potential of NFTs and the Metaverse ‘Remain Vast and Largely Untapped’ Says Peer Inc CEO

According to Tony Tran, the chairman and CEO of Peer Inc, the cooling interest in non-fungible tokens (NFTs) and the metaverse particularly by corporations and tech giants like Meta does not signal their end but instead “it reflects the natural cycle of innovation.” In written answers to questions from Bitcoin.com News, Tran, whose firm is…
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Top metaverse property investments suffer massive losses: Report

Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value over the past year. Prices of virtual lands on some of the top metaverses have declined significantly from their peak prices of 2022, with most depreciating around 90% in value. A study published by CoinGecko shows that popular…
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Instagram to reportedly launch text-based app to rival Twitter

The upcoming app will maintain a Twitter-like centralized feed, allowing users to view content such as text, images and videos shared by followers and recommended accounts. In a secret meeting with select creators, Instagram’s parent company, Meta, reportedly revealed its plan to launch a text-based conversation app. The leaked screenshots of the alleged upcoming app…
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Meta and BMW Partner to Create AR and VR Experiences for the Passenger Seat – Is the Metaverse Making a Comeback?

Facebook and Instagram owner Meta and German car giant BMW revealed progress in their joint exploration of how augmented and virtual reality technology can work inside a fast-moving vehicle.  Meta is continuing on its metaverse path. Per BMW’s announcement, … Read More: Meta and BMW Partner to Create AR and VR Experiences for the Passenger Seat…
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Chatgpt ‘Is the New Crypto,’ Meta Says Malware Actors Exploit AI Craze

A growing number of malware creators are now taking advantage of the significant interest in Chatgpt to lure victims, Facebook owner Meta has noticed. According to its head of information security, the AI-based chatbot is “the new crypto” for bad actors and the social media giant is preparing for various abuses. Malware Inspired by Chatgpt…
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Meta SEC filing reveals debt securities offering plans

The Facebook parent company filed a prospectus that says it may offer and sell debt securities occasionally. Tech giant Meta, the parent company of Facebook, Instagram and WhatsApp, submitted a filing to the United States Securities and Exchange Commission (SEC) for new debt shelf offerings.  The Big Tech company filed the prospectus on May 1,…
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China’s Metaverse Geared Towards Work and Health – Is This the Future?

As Meta and other Western tech giants seek to create virtual worlds for consumers in the metaverse, China is taking a different approach.  The Chinese government is backing technologies that it sees as strategic and setting rules to govern what can go on in cyberspace.  Rather than creating a virtual world for socializing, China’s version…
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Metaverse for youth: Meta urged to ban minors from virtual world

Currently allowing users from 18, Meta also wants to open up its metaverse app Horizon Worlds to users aged 13 to 17. Advocacy organizations and safety groups have urged Mark Zuckerberg’s social media giant Meta to halt plans to allow minors into the metaverse. Online safety groups and experts sent a letter to the Meta…
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2023’s Bitcoin Obituaries: Bitcoin Defies 6 Death Predictions With 80% Price Increase Since End of 2022

It’s been more than 100 days since the end of 2022, and the price of bitcoin has risen more than 80% since then. Over the past 30 days, bitcoin has increased by more than 45% against the U.S. dollar. Despite its recovery this year, after a long crypto winter in the previous year, the Bitcoin…
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