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Thursday 31 October 2024
Meta earnings recap: 3Q24 revenue hits record US$40.6bn amid concern over slower user growth
Meta Platforms Inc. announced its third-quarter 2024 earnings on October 30, surpassing expectations due to robust ad revenue and AI advancements. As the largest social media company,...
Monday 23 September 2024
Alibaba reveals open-source Qwen2.5 model; surpasses Meta's Llama 3.1 in performance
China's Alibaba has announced the launch of a new generation of open-source large language models (LLMs), titled the Qwen2.5 series. Notably, Qwen2.5 has outperformed Meta's Llama...
Thursday 25 July 2024
Bitcoin, Ether slide as risk aversion spreads to crypto market
Ether, the second-largest token, paced a drop in digital assets following a slump in equities that spread unease in global markets.
Thursday 25 July 2024
Apple releases new open-source AI models
After releasing the small language model OpenELM in April, Apple introduced two more compact models, DCLM, claiming their performance to have surpassed that of Mistral 7B and is on...
Friday 3 May 2024
Meta struggled to monetize AI products in near term
Meta regained market focus with the widespread popularity of its open Llama. Nevertheless, as its AI investments are still in the early stages, it will take years to see returns.
Monday 22 April 2024
Meta unveils Llama 3: AI overhaul with Meta AI upgrade
The debut of Meta Platforms' latest AI model, Llama 3 was accompanied by a simultaneous update of Meta AI.
Friday 19 April 2024
Meta unveils Llama 3, beats peer models in performance
Meta unveiled its latest version of the AI model, Llama 3, boasting better performance than peer models.
Thursday 29 February 2024
Google's open-source models paves the way for AI PCs
Amidst the buzz surrounding edge AI devices, Google has unleashed its Gemma series models as open source, targeting lightweight applications for laptops and terminal devices.