A jury in Los Angeles ruled last week that Meta, the parent of Facebook, and Google, the parent of YouTube, should be held liable for the mental health challenges faced by an unidentified woman who argued that these tech companies designed their products to make young users addicted.
Amazon, Google, Meta, and Microsoft collectively plan to spend $660 billion this year to build out artificial intelligence infrastructure, according to their public statements.
Meta Platforms has signed contracts to buy four gigawatts (GW) of nuclear power from two research companies that have not yet received approval from the U.S. Nuclear Regulatory Commission to build a reactor.
On 28 January 2025, The Trends Journal alerted subscribers about this little-known Chinese AI startup, DeepSeek, that sent a bolt across the AI-driven stock market’s bow when it announced that it trained a free AI assistant for $6 million instead of the $100-million-plus that Open AI and other Western tech companies had to spend on their products.
PUBLISHER’S NOTE: As Trends Journal subscribers well know, we were the first to call a Dot-com Bust 2.0 back in 28 January and it was the cover of our 5 February issue. Now, nearly a year later the reality is hitting the Street.
PUBLISHER’S NOTE: As Trends Journal subscribers well know, on 28 January we had forecast Dot-com Bust 2.0., and on 5 February that was the illustration on the cover of our magazine. Despite our forecast, it was totally ignored by the mainstream business media. But now that reality of overinvestment in AI can no longer be ignored. Indeed, this......
Meta, desperate for cash to fund its hundreds of billions of dollars of AI commitments, has found a new way to make targeted ads even more valuable to businesses.
Meta has dominated a surge in smart eyewear this year, at least partly vindicating the company’s long-term focus on pushing devices that could act as a platform for its augmented and virtual metaverse vision.
About a dozen members of Apple’s key AI team have moved to competitors Cohere, Meta, OpenAI, and xAI this year as the iPhone creator “struggles to stay relevant in Silicon Valley’s ferocious AI talent war,” the Financial Times reported.
Meta’s AI engineers say that the company’s AI systems are now improving themselves without human involvement.