Meta underestimated the cost of AI

Business Insider— Meta's first-quarter earnings report reveals the company's AI plans are costing more than anticipated.The tech giant is upping their estimate of capital expenses and expects the increase to continueas it invests "aggressively" in "AI research and product development efforts."The expenses are expected to be roughly $5 billion more than the original estimate, reaching between $35 and $40 billion. The original prediction was between $30 billion and $37 billion.Meta's minimum estimate for full-year...

NextBigFuture.com—Meta Free AI Models and Integrating AI Ask Meta Query Into Facebook and Instagram. Meta has put Meta AI front and center in the search bars for Facebook and Instagram that have served as key tools to find content from particular friends or creators. This is what the All-in-Podcast guys called scorched Earth for AI. This means almost no one will pay the $20 per month or other subscriptions

Geeky Gadgets—New Llama 3 LLM AI model released by Meta AI. Meta’s recent unveiling of Llama 3, a new state-of-the-art large language model, signifies a groundbreaking leap forward in the realm of artificial intelligence. This powerful model comes in two distinct versions: an 8 billion parameter model and a more advanced 70 billion parameter variant. Llama 3 is engineered to drastically enhance the performance of AI-driven […]

Meta—New Ray-Ban | Meta Smart Glasses Styles and Meta AI Updates. We’re adding new styles, video calling with WhatsApp and Messenger, and Meta AI with Vision, so you can ask your glasses about what you’re seeing and get helpful information.