Latest news with #MetaPlatformsInc
The Star
a day ago
- Business
- The Star
X will deploy AI to write community notes, expand fact-checking
Humans will still review those AI-generated notes, and the note will only appear if people with a wide variety of viewpoints find them useful, said Keith Coleman, a product executive at X who runs the Community Notes program. — Bloomberg Elon Musk's X will start to publish Community Notes written by artificial intelligence agents, a move to increase the speed of the social network's fact-checking product and expand it to reach more people. Developers will soon be able to submit their own AI agents for review by the company. Those AI agents will write a series of practice notes behind the scenes, and if the company deems them helpful, the bot will be deployed to write notes that will appear publicly on the service. Humans will still review those AI-generated notes, and the note will only appear if people with a wide variety of viewpoints find them useful, said Keith Coleman, a product executive at X who runs the Community Notes program. That's the system in place for notes written by X users. AI notes could start to appear later this month. "They can help deliver a lot more notes faster with less work, but ultimately the decision on what's helpful enough to show still comes down to humans,' Coleman said Tuesday in an interview. "So we think that combination is incredibly powerful.' There are currently hundreds of notes published to X every day, Coleman said, and while he doesn't have a target for how that might change once AI is involved, there could be a "significant' increase. X first debuted a crowd-sourced fact-checking program when the company was still known as Twitter, and well before Musk's 2022 takeover. But its focus on Community Notes has increased under Musk's ownership, and has recently been adopted by other companies, including Meta Platforms Inc and ByteDance Ltd's TikTok. Musk himself has said Community Notes serves as a bulwark against false information, calling it hoax kryptonite, but he is also regularly flagged by the fact-checking process for posting misleading information. Earlier this year he also suggested the system could be "gamed by governments & legacy media.' Coleman said that other companies adoption of community notes is evidence that it's the best fact-checking system available. He's also hopeful that asking humans to review the AI notes before publishing them will create a "feedback loop' that will improve the bots as well. "It's a new feedback cycle,' he said. "The model can be improved not just by one random human's feedback, but by feedback from a diverse audience.' AI agents can be powered by any technology, Coleman said, not just Grok, the bot that was created by Musk's AI startup xAI. – Bloomberg
Yahoo
6 days ago
- Business
- Yahoo
Meta reportedly close to acquiring PlayAI
-- Meta Platforms Inc (NASDAQ:META). is in advanced discussions to acquire PlayAI, a small Palo Alto-based startup specializing in artificial intelligence voice replication technology, as reported by Bloomberg on Wednesday. The potential acquisition is part of Meta's strategy to secure top talent and advance its position in the AI field. According to the report, Meta plans to acquire both PlayAI's technology and bring some of its employees into the company. The deal has not been finalized and terms could still change. Financial details of the proposed acquisition are also unknown. Related articles Meta reportedly close to acquiring PlayAI Pony AI stock surges after NYT reports Uber-Kalanick talks for acquisition India rejects a UN investigator offered to help probe into the 787 crash
Bloomberg
7 days ago
- Business
- Bloomberg
Meta Inks More Clean Energy Deals with Developer Invenergy
Meta Platforms Inc. signed four contracts with closely held renewable energy developer Invenergy for wind and solar power as part of the Facebook-owner's push to secure clean sources of electricity for its operations and data centers. The agreements involve projects in three US states with a total capacity of 791 megawatts, the companies said in a statement. The electricity will supply local power grids while Meta will get the clean energy credits tied to the new generation.
Yahoo
23-06-2025
- Business
- Yahoo
Cantor Fitzgerald Boosts Meta (META) PT to $807 on Confidence in WhatsApp Ad Monetization
Meta Platforms Inc. (NASDAQ:META) is one of the best QQQ stocks to buy according to hedge funds. On June 19, Cantor Fitzgerald reaffirmed its Overweight rating for Meta while increasing the price target from $676 to $807. The adjustment was made by analyst Deepak Mathivanan, who signals strong confidence in Meta's future growth potential. Meta is now focused on integrating advertisements into WhatsApp's Updates tab, which improved Mathivanan's outlook on the company as he believes that the move will unlock new revenue streams for Meta without compromising user experience. He also highlighted new ad formats, such as 'Promoted Channels' and 'Status Ads.' Mathivanan estimates that if ad adoption reaches even 5% of the current levels seen on Instagram and Facebook, it could substantially impact Meta's earnings by FY2027. WhatsApp has a user base of over 3 billion monthly users globally, with 82% of monthly users active daily, viewing an average of 50 stories. Given this engagement, even a small increase in ad presence is expected to boost Meta's earnings shortly. Meta Platforms Inc. (NASDAQ:META) develops products that enable people to connect and share with friends & family through two segments: Family of Apps (FoA) and Reality Labs (RL). While we acknowledge the potential of META as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
Bloomberg
18-06-2025
- Business
- Bloomberg
Blackstone Snaps Up Stakes in Office Buildings Leased by Meta
Blackstone Inc. 's real estate business purchased stakes in two office properties in Bellevue, Washington, that are leased by Meta Platforms Inc. Owner Shorenstein Investment Advisers sold an interest in two buildings, known as Blocks 5 and 6, to funds affiliated with Blackstone Real Estate, according to a statement Wednesday.
