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Is Meta lagging behind in the AI race?

Is Meta lagging behind in the AI race?

Meta Platforms has quietly restructured its AI division, carving it into two specialized teams in a bid to accelerate product delivery and deepen i...
High turnover hits Meta’s Llama as 78% of the original research team exits

High turnover hits Meta’s Llama as 78% of the original research team exits

Meta’s pioneering Llama initiative once heralded as a cornerstone of its artificial intelligence roadmap, is now grappling with a significant exodu...
European insurers take $3.5 billion hit from LA wildfires, smaller than expected

European insurers take $3.5 billion hit from LA wildfires, smaller than expected

European reinsurers are swallowing $3.5 billion in losses from the Los Angeles wildfires, a figure that’s way above early guesses but still under s...
Sen Josh Hawley asks Trump DOJ to investigate FICO, ‘monopoly’ over US credit scores

Sen Josh Hawley asks Trump DOJ to investigate FICO, ‘monopoly’ over US credit scores

Sen. Josh Hawley, R-Mo., has asked President Donald Trump’s Justice Department to investigate whether the Fair Isaac Corporation (FICO) is abusing ...
Meta’s VP of AI, Joelle Pineau announces departure amidst company’s AI push

Meta’s VP of AI, Joelle Pineau announces departure amidst company’s AI push

Meta's Head of Artificial Intelligence Research, Joelle Pineau, announced on Tuesday that she will be leaving the company.
The FAIR Act Would Protect Bitcoin Holders

The FAIR Act Would Protect Bitcoin Holders

Bitcoin Magazine The FAIR Act Would Protect Bitcoin Holders The FAIR Act, legislation designed to protect people from civil asset forfeiture, woul...
Meta sets eyes on its next big bet – AI humanoid robots

Meta sets eyes on its next big bet – AI humanoid robots

Facebook’s parent company, Meta Platforms, is planning its next huge investment: AI-powered humanoid robots as it pushes into augmented reality. Ac...
OpenAI CEO Altman waters down fans’ online hype on AGI

OpenAI CEO Altman waters down fans’ online hype on AGI

OpenAI chief executive Sam Altman has watered down fans’ wild online speculation about his company’s capabilities following rumors the company was ...
LA wildfires will affect US economy for decades

LA wildfires will affect US economy for decades

The wildfires tearing through Los Angeles are also a financial hurricane that will leave scars on the U.S. economy for decades. Over 38,000 acres—a...
FASB adopts new standard for the accounting and disclosure of crypto assets

FASB adopts new standard for the accounting and disclosure of crypto assets

The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) to address the accounting for and disclosure of crypto ...