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Sumitomo Mitsui DS Asset Management bought 12,468 shares of Meta Platforms, totaling $7.7 million. The trade represents 0.07% of 13F reportable AUM. Sumitomo Mitsui DS Asset Management Co. increased its holding in Meta Platforms(NASDAQ:META) by 12,

Meta is adding yet another top A.I. expert to the company’s rapidly growing roster of talent, much of it plucked from rival firms like OpenAI, Anthropic and Google. Apple now joins the mix of disgruntled competitors, with researcher Ruoming Pang leaving the iPhone maker to join Mark Zuckerberg ’s push toward advanced forms of A.I.

Members of the lab, including the new chief A.I. officer, Alexandr Wang, have talked about abandoning Meta’s most powerful open source A.I. model in favor of developing a closed one.

Meta has officially announced that it will take measures to crack down on accounts sharing “unoriginal” content on Facebook.This move aims to remove creators who repeatedly reuse someone else’s text,

The ChatGPT maker was about to release its first major open-weight model, but a last-minute discovery has put the project on ice, fueling speculation about what went wrong.

Meta has recruited Matt Deitke, co-founder of Seattle-based AI startup Vercept, to join its newly formed Superintelligence Lab — the high-profile effort by Meta CEO Mark Zuckerberg to develop powerful new forms of artificial intelligence.

PlayAI announced a strategic partnership with Reality Defender in April enabling the latter to train its tools on data generated from PlayAI’s voice models.