Meta Enters Power Trading to Support Its AI Expansion

Meta is introducing usernames for Facebook Groups, allowing users to create unique identifiers for their profiles within group settings. This feature aims to enhance user interaction and make it easier to identify members in various groups. The rollout is expected to improve the overall experience for users participating in group discussions.

Bloomberg’s Caroline Hyde reports on the recent volatility in markets driven by investor anxiety surrounding AI and cryptocurrency. OpenAI has partnered with Foxconn to design AI data center hardware in the US, while Cerebras CEO Andrew Feldman comments on the US approval for advanced AI chips to be sold to the Middle East.

Canva's COO, Cliff Obrecht, discussed the company's upcoming product rollouts and leadership enhancements as it prepares for a public offering. This announcement was made during an interview with Caroline Hyde on Bloomberg Tech.

Bloomberg's Caroline Hyde reports on a turbulent week for markets driven by investor anxiety surrounding AI and cryptocurrency. OpenAI is collaborating with Foxconn to develop AI data center hardware in the U.S. Additionally, Cerebras CEO Andrew Feldman comments on the U.S. approval for advanced AI chips to be sold to the Middle East.

Meta has won a significant antitrust case, with a federal judge ruling that the company did not violate antitrust laws when it acquired Instagram and WhatsApp. This ruling allows Meta to retain ownership of these platforms, which were previously small startups. The decision marks a major legal victory for Meta amidst ongoing scrutiny of its business practices.

HumanSignal, a leading vendor of the open-source Label Studio program, has observed an increasing demand for data labeling despite advancements in large language models (LLMs). The company recently acquired Erud AI and launched Frontier Data Labs to enhance data collection. Additionally, HumanSignal is focusing on validating AI systems trained on this data through new multi-modal agent evaluation capabilities, which allow enterprises to confirm the effectiveness of AI agents in generating various outputs.

Meta has introduced a new feature that allows users to invite others for virtual hangouts within Hyperscape Capture spaces. This update aims to enhance user interaction and engagement in the virtual environment, reflecting Meta's ongoing commitment to developing immersive social experiences.

Google and Meta have postponed their subsea cable projects due to fears of sabotage in the Red Sea region. This instability is prompting operators to explore alternative routes, which may lead to increased global internet congestion and outage risks.