META Jan 2025 95.000 call
- Yahoo Finance
Apple debuts Apple Intelligence AI platform for iPhone, Mac
Apple debuts Apple Intelligence AI platform, as it takes its steps into generative AI race.
- Associated Press Finance
Facebook owner Meta seeks to train AI model on European data as it faces privacy concerns
Meta wants to use data from users in privacy-conscious Europe to train its artificial intelligence models, the social media giant said Monday as it faces concerns about data protection while battling to keep up with rivals like OpenAI and Google. The company, which owns Facebook, Instagram and WhatsApp, said that in order to better reflect the “languages, geography and cultural references" of its users in Europe, it needs to use public data from those users to teach its Llama AI large language model.
- Associated Press Finance
Supreme Court will take up Meta's bid to end lawsuit over Cambridge Analytica privacy scandal
The Supreme Court said Monday it will consider shutting down a multibillion-dollar class action investors' lawsuit against Facebook parent Meta stemming from the privacy scandal involving the Cambridge Analytica political consulting firm. The justices agreed to hear Meta's appeal of a lower-court ruling that allowed the class action to go forward. Investors allege that Meta did not fully disclose the risks that Facebook users' personal information would be misused by Cambridge Analytica, a firm that supported Donald Trump’s successful Republican presidential campaign in 2016.
