Meta

Meta develops open source artificial intelligence models, foundational large language systems, and mixed reality hardware used across consumer and enterprise applications. Truncated covers its infrastructure investments, research releases, developer tooling and corporate strategy.

Saturday 7 November

A growing streetwear retailer reveals its AI agent shopping strategy ahead of the holidays

AI-generated summary Streetwear retailer All Star Elite is adapting its e-commerce strategy as artificial intelligence chatbots and personal agents gain traction ahead of the holidays. Abhishek Bora says the company is adding machine-readable metadata to product listings and rethinking holiday promotions to better capture traffic from tools like ChatGPT and Meta agent Muse.

Friday 6 November

Meta U-turns on controversial change to how Instagram and Facebook would work

AI-generated summary Meta has paused a controversial policy update for business accounts on Instagram and Facebook after facing sustained criticism from politicians and critics in the US and UK. The rules, which would have allowed the scraping of user websites, will not go into effect on 20 November as previously planned while the company continues to consult with stakeholders.

Thursday 5 November

Meta Exec Says A Recently Elected, Data Center-Skeptic Democratic Governor Now Wants To Meet After Inauguration, As 22.5 GW Of Capacity Is Still Slated To Come Online Regardless Of Politics

AI-generated summary Meta says a newly elected Democratic governor who had previously criticized data centers has reached out for a meeting after their inauguration. Aterio reports that 22.5 GW of data center capacity is already at or above a 75 percent completion rate and will still come online.

Tech stocks are suffering their biggest selloff since Covid, as investors see premature end to AI datacenter boom

AI-generated summary Tech stocks experienced their largest selloff since March 2020 on Thursday as investors worried about the future of the artificial intelligence datacenter boom following U.S. midterm election results. Major companies including Meta, Microsoft, and Nvidia declined during the trading session, while analyst Dan Ives wrote that capital expenditure growth could peak next year rather than later in the decade.

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