Meta’s Reality Labs reports $4B Q1 loss amid AI strategy shift - Crypto Briefing

China's sudden rejection of Meta's acquisition of Manus, a Singapore-based AI research firm, has exposed the vulnerabilities of the city-state's touted "AI sanctuary" status, threatening to upend a strategic bet on its role as a haven for cutting-edge research in areas like multimodal learning and reinforcement learning from human feedback. The move underscores China's growing unease with foreign influence in its AI ecosystem, particularly from companies with ties to the US. This reversal may also impact Singapore's plans to host a major AI research hub. AI-assisted, human-reviewed.

Meta’s Q2 cloud-growth miss—Azure’s 29% YoY expansion fell short of the 31% whisper number—triggered a 7% after-hours sell-off, while Reality Labs’ $4.5B operating loss dragged Meta’s stock down 15%, erasing $150B in market cap and spotlighting the widening chasm between AI capex and near-term monetization. AI-assisted, human-reviewed.

Alphabet CEO Sundar Pichai Says Google's Custom Chips, Gemini Models And Cloud Stack Give It Unique AI Ed Benzinga

Krilogy Financial LLC has purchased shares of Meta Platforms, Inc., signaling investor confidence in the tech giant. The acquisition impacts Meta's market presence and shareholder base. AI-assisted, human-reviewed

Taylor Swift is pursuing legal action to trademark two signature phrases, aiming to curb AI-generated imitations of her voice. This move highlights ongoing challenges as celebrities seek to protect their identity amid advancing technology. AI-assisted, human-reviewed.

Google is trying out an AI Mode-like search experience for YouTube. The company is now testing "a new way to search on YouTube that feels more like a conversation," with results pulling in things like longform videos, YouTube Shorts, and text about what you're searching for. The "experiment" is now available if you're a YouTube Premium subscriber in the US who is 18 or older. I turned it on for my account. Now, in the search bar, I see an "Ask YouTube" button, and clicking the search bar shows prompts to ask like "funny baby elephant playing clips," "summary of the rules of volleyball," and "short history of the Apollo 11 moon landing." If … Read the full story at The Verge.