Despite offering salaries in millions annually, Meta Platforms Inc. (NASDAQ: META) is witnessing a talent drain in its AI division, with employees migrating to competitors OpenAI and Anthropic amid the rising demand for AI expertise.
Meta and TikTok are challenging the EU's Digital Services Act supervisory fees, claiming the fee calculations are flawed, disproportionately high, and unfairly inflate their charges based on incorrect user counts.
Microsoft's CPO Aparna Chennapragada dismisses idea of AI replacing coders, citing need for human skills like critical thinking. Executives from Cognizant and Okta echo her views. Pew survey shows half of AI experts predict fewer developer jobs. Nadella and Zuckerberg urge mastering computational thinking.
The video-trained AI model enables robots to understand physical dynamics, predict outcomes, and perform real-world tasks such as object handling and spatial navigation.
Meta Platforms Inc considering $15 billion investment in Scale AI, valuing it at $28 billion. Aims to build superintelligence lab to compete with OpenAI, Anthropic & Google.
Gary Black, a seasoned Wall Street investor, has made a significant shift in his investment strategy. Black, who recently sold off his remaining shares in Tesla Inc. (NASDAQ: TSLA), is now focusing on what he sees as major opportunities in big tech.
Meta Platforms Inc (NASDAQ: META) typically sees strong returns from June 11 to July 11, with a 6.3% average gain and low drawdowns in the past 13 years.
