Professionals report finding ROI from AI at a higher rate than those in other industries, but having a clear AI strategy makes a difference, Thomson Reuters survey finds...
Continue ReadingMeta's (META) artificial intelligence (AI) race heats up as CEO Mark Zuckerberg leads new Superintelligence Labs with former Scale AI and GitHub CEOs. Shay Boloor, Futurum chief market strategist, joins Market Catalysts to explain how Meta's talent acquisitions and reinvestments could shape the AI landscape and investor outlook. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here...
Continue ReadingAt X, Bier could potentially build features that drive adoption beyond the user base that's typically drawn to text-first social networks...
Continue ReadingAt launch, DMs will be available in most markets where Threads is available, except for Japan, Australia, the U.K., and the E.U...
Continue ReadingJust months after Facebook’s IPO, billionaire PayPal cofounder Peter Thiel cashed out at $20 a share. But they’d be worth 37 times more today—or nearly, $15 billion...
Continue ReadingAnother step towards driving more active, real-time discussion in the app...
Continue ReadingInvesting.com -- In a note to clients on Tuesday, Bank of America reiterated its Buy rating on Meta Platforms (NASDAQ:META) with a $765 price target, citing strong early momentum in artificial intelligence and a strategic overhaul of the company’s AI division...
Continue ReadingAll Threads users will now get access to a dedicated DM inbox...
Continue Reading(Reuters) -Surge AI, a data-labeling firm that competes with Scale AI, has hired advisors to raise as much as $1 billion in the first capital raising in the firm's history, sources told Reuters, as it seeks to capitalize on growing user demand amid Scale AI's recent customer exodus. The company, founded by former Google and Meta engineer Edwin Chen, is targeting a valuation of over $15 billion, sources said, cautioning that the talks are still in early stages and the final number could be higher. Surge AI, which has been profitable and bootstrapped by Chen, has raked in over $1 billion in revenue last year, bigger than its better-known competitor Scale AI, which reported $870 million in revenue over the same period of time...
Continue ReadingYou can buy penny stocks with an IRA and here's how...
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