Tag: Facebook

Meta, Facebook's parent company, is set to integrate generative artificial intelligence in Facebook and Instagram products. Mark Zuckerberg disclosed the proposal to employees and presented various AI technologies in different developmental stages for consumers. Meta plans to enable users to leverage a text command to edit pictures and share them on Instagram. The company plans to focus on generative AI in an upcoming hackathon. Snapchat's AI chatbot is a direct competitor.

Meta, Facebook's parent company, is developing a new feature that will allow Messenger users to create AI-generated stickers. VP of AI, Ahmad Al-Dahle, announced that users can create stickers based on text prompts using the company's image generation model. Meta plans to test the feature with employees before launching it publicly. Additionally, the company aims to bring their generative AI ventures to billions of people across WhatsApp, Messenger, Facebook, and Instagram. Get ready to transform images with AI's myriad possibilities.

Apple is opting to use the term machine learning instead of hyping the artificial intelligence (AI) bandwagon. This more technically accurate description is in contrast to companies like Google, who frequently mention AI. But Apple's conservative approach is still making significant strides in the technology without adding the hype. This trend suggests the need for more precise language in the technology field.

UK-based venture capital firm, IQ Capital, has closed its fourth venture fund at $200m, bringing its assets under management to over $1bn. Its latest growth fund focuses on supporting later-stage funding in its venture portfolio, as deep tech investment accelerates. IQ has backed over 100 deep tech start-ups with multiple exits, including Google, Apple, and Facebook, attracting capital from institutions, funds-of-funds, family offices, and British Patient Capital.

ChatGPT's AI technology is thriving despite the tech industry's recent layoffs. Optimism for future growth remains, signaling opportunities for workers and investors.