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$Meta Platforms (META.US)$ closed 1.8% higher to USD673.42 retesting the 50-day MA amid reports on different AI-related moved on Meta. Analysts raised Meta's target price to USD900 as the new AI model released by the company, Segment Anything Model 3 (SAM3), is observed to be a great advancement from the previous version on tracking and segmenting objects in images and videos with simple text prompts. The company also a...
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. I made more than I loss
WHAT’S GOING ON WITH APPLE?
Recently, Apple is experiencing a significant leadership shake-up in its AI division, primarily driven by pressure to catch up with rivals like Google and Microsoft in the generative AI race.
Executive Exit: John Giannandrea, Apple's senior vice president of Machine Learning and AI Strategy, is stepping down from his executive role amidst criticism that Apple is lagging in the generative AI space.
New Leadership: Amar Subramanya, a former AI executive from Google...
Recently, Apple is experiencing a significant leadership shake-up in its AI division, primarily driven by pressure to catch up with rivals like Google and Microsoft in the generative AI race.
Executive Exit: John Giannandrea, Apple's senior vice president of Machine Learning and AI Strategy, is stepping down from his executive role amidst criticism that Apple is lagging in the generative AI space.
New Leadership: Amar Subramanya, a former AI executive from Google...
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$Meta Platforms (META.US)$
Closing my position with highest gain that i ever achieved, thanks to Zuck for his wise decision to cut expenses😀
Closing my position with highest gain that i ever achieved, thanks to Zuck for his wise decision to cut expenses😀
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Looks like Mark Zuckerberg is finally slowing down on the whole metaverse dream. $Meta Platforms (META.US)$ is now planning to cut the metaverse budget by up to 30%, and some staff in Reality Labs have already been laid off. After pouring more than $60 bil into VR and Horizon Worlds since 2020, the results just didn’t match the hype.
Instead, Meta is shifting more money into AI glasses and other wearables - basically gadgets that feel more practical for ever...
Instead, Meta is shifting more money into AI glasses and other wearables - basically gadgets that feel more practical for ever...
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$Meta Platforms (META.US)$
⭐ The Metaverse Once Changed Meta’s Name — Now It’s Being Cut
This was once the dream Mark Zuckerberg believed in so deeply that he renamed Facebook to Meta in 2021.
He called the metaverse the next era of the internet — a future everyone would live in but now the story has flipped.
According to Bloomberg, Zuckerberg is preparing to cut the metaverse budget by 30%. The moment this news came...
⭐ The Metaverse Once Changed Meta’s Name — Now It’s Being Cut
This was once the dream Mark Zuckerberg believed in so deeply that he renamed Facebook to Meta in 2021.
He called the metaverse the next era of the internet — a future everyone would live in but now the story has flipped.
According to Bloomberg, Zuckerberg is preparing to cut the metaverse budget by 30%. The moment this news came...
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$Meta Platforms (META.US)$ closed 3.43% higher to $661.53 after the company was reported to cut 30% of its expenses on metaverse and shift the budget to AI development and the VR glass. As metaverse was long perceived as a business that is less profitable, the market reacted positively on its budget focus shift. However, on technical side, the share price is still getting resisted by 20-day and 50-day MA as the company...
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