Meta's reduced funding for the Oversight Board may limit its capacity, impacting content moderation accountability and operational independence.
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Meta has raised the possibility that it could be joining the likes of Amazon, Microsoft and Google in offering cloud services at some point in the future — although potential customers shouldn’t be adding the company to their suppliers list just yet.
When asked about plans for offering such services at the company’s annual shareholders meeting, Meta CEO Mark Zuckerberg said there was a possibility of the company competing with the major hyperscalers. “It’s definitely on the table.”
He explained that different companies were approaching Meta asking for the company to offer an API service or to buy compute services at a premium price. “We haven’t done it yet, because we think we have a use for the compute, but when we feel we have overbuilt, then that is an option that we have.”
Meta has been active in developing its data centers over the past few years, so there will be a possibility of some excess capacity. It is also developing its own AI chips.
For the moment, though, the company ma
Insider Brief Spatial intelligence software company Slamcore has raised $14 million in new funding led by ROKStar Ventures, a subsidiary of industrial automation giant Rockwell Automation, bringing the company’s total funding to $40 million. According to the company, the round also included existing backers Toyota Ventures, Interwoven Ventures, MMC Ventures, Amadeus Capital Partners and IP […]
OKX Ventures and KIS to invest $53 million each for a 19.6% stake in Coinone, deepening ties between traditional finance and crypto in South Korea’s tightly regulated market.
It’s hard for people to tell the difference between AI-generated advertising and writing. So why do they respond better to the human-made stuff?
AI vs. Mad Men
Ipsos, along with faculty members from Syracuse University’s S.I. Newhouse School of Public Communications, just published a unique advertising study. They took 20 real ads from major brands, including Cheerios, Chewy, Febreze, Fiat, H&M, Old Navy, Herbal Essences, Ray-Ban Meta, TurboTax and Visa. They fed the same creative briefs used by the human ad creatives into Google Gemini, then used OpenAI’s Sora to generate fully AI-produced counterparts with no human intervention.
They showed the ads to 3,000 consumers. Only 25% of AI ad viewers were at least somewhat confident the spot was AI-made, and 40% of all viewers were uncertain either way — suggesting the public isn’t great at spotting ads that are AI generated.
But here’s the interesting part: While most people didn’t register that ads were AI-generated, they also didn’t re
ClickHouse has surpassed $250 million in annualised revenue run rate, tripling year-over-year, with co-founder and president Yury Izrailevsky projecting the figure will reach the high nine digits by year end. The database company, valued at $15 billion following a $400 million Series D in January, serves over 4,000 customers including Anthropic, Meta, and Capital One. […]
Claude’s parent company’s $65bn in latest funding round underscores vast sums of money still flowing into industry
Anthropic, the AI firm behind the Claude chatbot, announced on Thursday it had raised $65bn in funding to value the company at $965bn post-money. The move makes Anthropic the world’s most valuable AI startup, eclipsing its competitor OpenAI.
The deal marks an exceedingly successful period of growth for Anthropic, which was once considered to be a smaller player in the global AI arms race. The widespread adoption of its products by large enterprise businesses, especially following its release of powerful coding assistants late last year, has turned it into a dominant player in the industry.
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