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Facebook’s $2B Creator Payout
According to Meta, Facebook paid content creators over $2 billion in 2024, with payouts for Reels and short videos growing by more than 80% during this period. The social media giant is now consolidating its monetization programs into a streamlined Facebook Content Monetization hub, aiming to simplify the process for creators to earn from various… Read more
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Meta Drops 405B Parameter Model
Meta has unveiled its most advanced AI language model to date, Llama 3.1 405B, boasting 405 billion parameters and capabilities that rival leading proprietary models. This release marks a significant milestone in open-source AI development, with Meta claiming performance comparable to or surpassing models from OpenAI and Anthropic across various benchmarks. Read more
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Meta’s Threads Surpasses 175M Active Users
Meta’s social media platform Threads has reached a significant milestone, surpassing 175 million monthly active users less than a year after its launch. CEO Mark Zuckerberg announced this achievement on July 3, 2024, highlighting Threads’ rapid growth as it positions itself as a major competitor to X (formerly Twitter) in the microblogging space. Read more
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Meta Works on Paid AI Assistant
Meta Platforms is exploring the possibility of launching a paid version of its AI-powered assistant, Meta AI, as it aims to compete with other tech giants in the rapidly evolving AI market. This move comes as Meta continues to invest heavily in AI and seeks to establish itself as a leader in the field. Read more
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Meta Opens Horizon OS to Third Parties
This move is set to expand the ecosystem and potentially disrupt the current market dynamics dominated by major players like Apple and Meta itself. Read more
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Meta released Llama 3
Meta has officially released Llama 3, a new series of open-source large language models (LLMs) that include several advancements and features designed to enhance AI applications across various platforms Read more
