Tag: Meta

Meta to release commercial generative AI model

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San Francisco: Meta (formerly Facebook) is reportedly planning to release a commercial version of its artificial intelligence (AI) model in order to compete with Microsoft-backed OpenAI’s ChatGPT and Google’s AI experiment Bard, which are racing ahead in the race to develop generative AI.

According to the Financial Times, citing sources, Meta will use a new software powered by large language models (LLMs) which can generate text, images, and code.
The tech giant released its own language model, known as LLaMA, to researchers and academics earlier this year, but the new version is said to be more widely available and customisable by companies.

According to Meta, its LLMs are “open-source,” which means that information about the new model will be made public.
The release of the new AI model is expected soon, the report said.
This is in contrast to competitors such as OpenAI, whose latest model GPT-4 is a so-called black box, meaning that the data and code used to build the model are not accessible to third parties.
“The competitive landscape of AI is going to completely change in the coming months, in the coming weeks maybe, when there will be open source platforms that are actually as good as the ones that are not,” Vice President and chief AI scientist at Meta, Yann LeCun, was quoted as saying.
Moreover, the report mentioned that Meta Founder and CEO Mark Zuckerberg and other executives have hinted at a push towards creating multiple AI chatbots for individuals, advertisers and businesses across Meta platforms Instagram, WhatsApp and Facebook, powered by its LLMs.

Meanwhile, tech billionaire Elon Musk has launched a new AI company called xAI that aims to “understand the true nature of the universe”.
The team is headed up by Musk and includes team members that have worked at other big names in AI, including OpenAI, Google Research, Microsoft Research, and Google’s DeepMind.
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#Meta #release #commercial #generative #model
( With inputs from www.siasat.com )

July 13, 2023
Meta purges 43 mn bad content on FB, Insta in March in India

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New Delhi: Meta said that it took down over 38.4 million pieces of content across 13 policies for Facebook and over 4.61 million pieces of content across 12 policies for Instagram in March in India.
Between March 1-31, Facebook received 7,193 reports through the Indian grievance mechanism, and said that it provided tools for users to resolve their issues in 1,903 cases.
These include pre-established channels to report content for specific violations, self-remediation flows where they can download their data, avenues to address account hacked issues etc, said Meta in its monthly report in compliance with the IT (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021.

“Of the other 5,290 reports where specialised review was needed, we reviewed content as per our policies, and we took action on 1,300 reports in total. The remaining 3,990 reports were reviewed but may not have been actioned,” Meta added.
On Instagram, the company received 9,226 reports through the Indian grievance mechanism.
“Of these, we provided tools for users to resolve their issues in 4,280 cases,” it informed.
Of the other 4,946 reports where specialised review was needed, Meta reviewed content and took action on 1,656 reports in total.
The remaining 3,290 reports on Instagram were reviewed but may not have been actioned.

Under the new IT Rules 2021, big digital and social media platforms, with more than 5 million users, have to publish monthly compliance reports.
“We measure the number of pieces of content (such as posts, photos, videos or comments) we take action on for going against our standards. Taking action could include removing a piece of content from Facebook or Instagram or covering photos or videos that may be disturbing to some audiences with a warning,” said Meta.
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#Meta #purges #bad #content #Insta #March #India
( With inputs from www.siasat.com )

May 3, 2023
Meta seeks OpenAI’s help to create coding assistant for its engineers

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New Delhi: Meta (formerly Facebook) is reportedly in touch with Microsoft and OpenAI to develop an artificial intelligence (AI) coding assistant for its engineers.
According to ‘Command Line’ by The Verge’s Alex Heath, Meta CTO Andrew Bosworth recently told employees about the plan, saying the cost for building an AI coding engineer is “crazy” at about seven cents per query.
“That’s the only place in the company we’re really considering working with Microsoft and OpenAI, just because there’s a natural business integration there,” he told employees.

He revealed that the company is also working on a “companion that is more about all of our code and our internal documentation, built on our own infrastructure”.
“We are moving very fast. I think we’ll have something to play with internally, I’m hoping in mid-June, maybe late June,” Bosworth said.
According to reports, OpenAI has received $300 million from VCs at a valuation of $27-$29 billion.
VC firms, including Tiger Global, Sequoia Capital, Andreessen Horowitz, Thrive and K2 Global picking up new shares, according to documents seen by TechCrunch.
Microsoft has already infused around $10 billion in OpenAI that is behind the highly-successful generative AI chatbot called ChatGPT.

ChatGPT has been a hit, with more than one billion visitors to its website in February, according to SimilarWeb data.
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#Meta #seeks #OpenAIs #create #coding #assistant #engineers
( With inputs from www.siasat.com )

May 1, 2023
Meta to slash around 4K high-skilled jobs this week: Report

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San Francisco: Meta (formerly Facebook) is reportedly set for another round of mass layoffs on Wednesday that will affect at least 4,000 highly-skilled employees, the media reported.
This week’s layoffs could be in the range of 4,000 jobs, according to a report in Vox, citing sources.
In March, Meta CEO Mark Zuckerberg announced the company would cut 10,000 jobs in the coming months.

In an internal memo seen by The Washington Post, Meta said that “the company will begin notifying employees on its technical teams whose jobs are being cut”.
Meta will also announce newly reorganised teams and management hierarchies, the report mentioned.
“Facebook parent company Meta will announce details about new job cuts on Wednesday, part of a months-long downsizing and restructuring effort that will trim 10,000 employees amid multiple waves of layoffs,” The Washington Post tweeted on Wednesday.
In March, Zuckerberg announced to sack an additional 10,000 employees via several job cut rounds in the coming months.
Zuckerberg said that overall, “we expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired”.

The fresh cuts came just four months after he laid off 11,000 employees, or 13 per cent of the company, in November last year.
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#Meta #slash #highskilled #jobs #week #Report
( With inputs from www.siasat.com )

April 19, 2023
‘I’m not giving up’: Sacked Indian-origin Meta worker

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New Delhi: Among the 11,000 employees which Meta laid off last year in November is an Indian-origin worker who also lost her job, has shared her ordeal on LinkedIn, saying “I am not giving up”.
Susmita Sahu, who worked in a Talent Accelerator Recruiting Team in Singapore, wrote in her LinkedIn post: “While I’m still processing what happened and I’m in true loss of the right words, I’m grateful for having an opportunity to work with some AMAZING people out there.”
“I’m also a part of the unfortunate Meta layoffs and I’ll be ever grateful to anyone who has any job recommendations for me. I’M NOT GIVING UP!” she added.
Sahu studied Master of Business Administration (MBA) in HR and Marketing from Biju Patnaik Institute of Information Technology and Management, (BIITM), Bhubaneswar.
She was laid off about six months after she joined the company.
In a follow-up post, she expressed a desire to spend more time with the company.
“It’s a little over 4 p.m. in Singapore and with all the acceptance (still some mental denial), we all finally complete signing the separation agreement. Reminds me of how lucky I am to have something that makes saying goodbye so hard. I still wish my time at Meta was longer,” Sahu said.
Meanwhile, Meta looks all set to lay off another 13 per cent, or roughly 11,000 jobs, in its second round of job cuts that will hit non-engineering roles hard.

According to a report in The Wall Street Journal, citing sources, Meta Platforms is planning “additional layoffs to be announced in multiple rounds over the coming months”.
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#giving #Sacked #Indianorigin #Meta #worker
( With inputs from www.siasat.com )

March 15, 2023
Meta CEO fires 10K more employees, shuts 5K additional open roles

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New Delhi: Meta Founder and CEO Mark Zuckerberg on Tuesday announced to sack an additional 10,000 employees via several job cut rounds in the coming months.
In a Facebook post, Zuckerberg said overall, “we expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired” in the company’s “year of efficiency”.
In a separate filing with the US SEC, Meta said the new job cuts will lower the high end of its expense guidance for the year by $3 billion.
Over the next couple of months, organisation leaders will announce restructuring plans focused on flattening the organisations, cancelling lower priority projects, and reducing hiring rates.
“We will let recruiting team members know tomorrow whether they’re impacted. We expect to announce restructurings and layoffs in our tech groups in late April, and then our business groups in late May,” the Meta CEO said.
In a small number of cases, it may take through the end of the year to complete these changes, he added.
“Our timelines for international teams will also look different, and local leaders will follow up with more details,” said Zuckerberg.
The fresh cuts come just four months after he laid off 11,000 employees, or 13 per cent of the company, in November last year.

Zuckerberg said that after restructuring, Meta plans to lift hiring and transfer freezes in each group.
“Other relevant efficiency timelines include targeting this summer to complete our analysis from our hybrid work year of learning so we can further refine our distributed work model. We also aim to have a steady stream of developer productivity enhancements and process improvements throughout the year,” he added.
In its ‘Year of Efficiency’, Meta will make the organisation flatter by removing multiple layers of management.
“As part of this, we will ask many managers to become individual contributors. We’ll also have individual contributors report into almost every level — not just the bottom — so information flow between people doing the work and management will be faster,” Zuckerberg noted.
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#Meta #CEO #fires #10K #employees #shuts #additional #open #roles
( With inputs from www.siasat.com )

March 15, 2023
Facebook-parent Meta to lay off another 10,000 jobs

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New York: Facebook-parent Meta on Tuesday said it will lay off another 10,000 workers and will not fill another 5,000 positions, announcing the second round of significant job cuts by the tech major in four months.
The latest move comes after Meta slashed approximately 13 per cent of its workforce, or 11,000 jobs in November last year, in the single largest round of cuts in the company’s history.
In a Facebook post on Tuesday, CEO Mark Zuckerberg said the job cuts will take place “over the next couple of months.”
“We expect to announce restructurings and layoffs in our tech groups in late April, and then our business groups in late May,” he wrote.
In a “small number of cases, it may take through the end of the year to complete these changes,” he said.
The grim news for the tech industry came days after the Silicon Valley Bank, which catered to start-ups, collapsed.
“Overall, we expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired,” Zuckerberg said.
As of September 2022, Meta reported a headcount of 87,314, per a securities filings.

With 11,000 job cuts announced in November and the 10,000 announced on Tuesday, it would bring the firm’s headcount down to around 66,000, according to CNN.
Meta is among the big tech companies to undergo layoffs amid higher inflation, recession fears and pandemic-induced demand.
Earlier this year, Amazon, Google-parent Alphabet and Microsoft have announced major job cuts impacting tens of thousands of tech workers across the globe.
Shares of Meta rose more than 6 per cent in early trading on Tuesday following the announcement.
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#Facebookparent #Meta #lay #jobs
( With inputs from www.siasat.com )

March 14, 2023
Musk calls Meta ‘copy cat’ for planning to launch Twitter-rival

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San Francisco: Twitter CEO Elon Musk on Sunday mocked Meta for planning to launch a dedicated Twitter-like social media application and called it “copy cat”.
It all started when the music news website Daily Loud posted: “Mark Zuckerberg’s Meta exploring plans to launch a rival to Twitter.”
On this, a user asked: “Why tho? is he like people are mad at Elon musk, I’ll make an alternative because everyone loves me and Facebook so much.”
Commenting on this conversation, Musk said: “Copy cat.”
Several users expressed their thoughts on Musk’s post.
While one user said: “I’m sure people will by dying to join another Meta platform plagued with ‘independent fact checkers’ suppressing conversations and content moderators taking down memes. Sounds fun!”
Another commented: “Facebook should start making rockets and electric cars as well since they so ‘good’ at what they do.”
Recently, it was reported that Meta is building a dedicated Twitter-like social media application for people to post text-based updates.

The product is still in its early stages, and no release date has been set, but legal and regulatory teams have already begun to investigate potential privacy concerns surrounding the app to address them before launch.
Several rival platforms have launched or gained traction in the months since Musk took over the micro-blogging platform – among them include Mastodon, Post.news, and T2.
Earlier this month, Twitter co-founder and former CEO Jack Dorsey came back into the social media game, with the launch of his Twitter alternative called ‘Bluesky’.
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#Musk #calls #Meta #copy #cat #planning #launch #Twitterrival
( With inputs from www.siasat.com )

March 12, 2023
Sushma Seth wins META Lifetime Achievement Award 2023

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New Delhi: Stage, film and television actor Sushma Seth will be conferred with the Mahindra Excellence in Theatre Awards (META) 2023 Lifetime Achievement Award. She will be felicitated during the award ceremony on March 29 at Kamani Auditorium in the national capital.
Teamwork Arts and Mahindra Group have also announced the jury members — theatre director Amal Allana; theatre and film actress Arundhati Nag; award-winning theatre director Bruce Guthrie; theatre director Neelam Mansingh Chowdhry; Sangeet Natak Akademi Award recipient actor Mohan Agashe; award-winning theatre artist and actor Shernaz Patel; and Director of India Habitat Centre and President of the Delhi Music Society Sunit Tandon.
The announcements come ahead of the week-long META and Festival to be held from March 23 to 28 in the Capital, during which ten-shortlisted plays will be performed.
Over 400 entries representing languages like Assamese, English, Hindi, Kannada, Malayalam, Marathi, Marwari, and Tamil were received.
This year’s Lifetime Awardee, Sushma Seth started her career in the 1950s, and was a founder member of the Delhi-based theatre group Yatrik. Her first movie was ‘Junoon’ (1978) and is known for her role as ‘dadi’ in the TV soap ‘Hum Log’ that aired in the 1980s.
Jay Shah, Head, Cultural Outreach, Mahindra & Mahindra Ltd, said, “We are thrilled to confer the META 2023 Lifetime Achievement Award on Sushma Seth, a veteran of the stage who understands the complexity and nuances of theatre and has in fact lived the craft fully through her vast body of work.”
Sanjoy K. Roy, Managing Director, Teamwork Arts & Festival Producer, added, “META 2023 will present awards in 14 categories including the Lifetime Achievement Award. The 13 competitive categories are for Best Play, Best Director, Best Stage Design, Best Light Design, Best Innovative Sound Design, Best Costume Design, Best Actor in a Lead Role (Male), Best Actor in a Lead Role (Female), Best Actor in a Supporting Role (Male), Best Actor in a Supporting Role (Female), Best Original Script, Best Ensemble and Best Choreographer.”

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#Sushma #Seth #wins #META #Lifetime #Achievement #Award
( With inputs from www.siasat.com )

March 11, 2023
Meta sees strong trend in women entrepreneurs using its apps in India

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New Delhi: Meta (formerly Facebook) on Monday said that it has continued to see a strong trend towards women entrepreneurs using its apps in India over the last three years.
About 73 per cent of Instagram business accounts that self-identify as a women-owned business were set up in the last three years in India, the company revealed.
In addition, 53 per cent of all business pages on Facebook with female admins were also set up in the last three years in the country.
“It’s heartening to see more women kickstart their entrepreneurial journeys with the help of digital technologies, and we’re humbled that we play a part in this journey,” Archana Vohra, Director, Small and Medium Business for Meta in India, said in a statement.
“What is great to see is that the momentum gained during the pandemic continues even post-pandemic. Our commitment remains to unlock growth for India’s small businesses, and enabling women entrepreneurs is a big part of that commitment,” she added
Moreover, the tech giant said that women are also playing a critical role in supporting each other by forming communities.
On Meta, 40 per cent of Facebook groups related to entrepreneurship have been created by women in the last three years.
Women have also made strides in the tech and creative space, the company mentioned.

In India, 23 per cent of Spark AR creators publishing effects for Facebook and Instagram are women, showing a promising sign of progress.
Spark AR lets businesses create and share augmented reality experiences that reach billions of people using Facebook, Messenger and Instagram.
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#Meta #sees #strong #trend #women #entrepreneurs #apps #India
( With inputs from www.siasat.com )

March 6, 2023