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AI replaced the Metaverse as Meta's top priority

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On this day, 28 years ago, Apple Computer revealed a US$68 million loss and a downsizing strategy, prompting CEO Michael Spindler's departure and Gil Amelio's takeover, who later bought NeXT, paving the way for Mac OS X and Steve Jobs' return as CEO.


In today's Techpresso:

🧠 AI replaced the Metaverse as Meta's top priority

🦅 AI-powered binoculars that identify what species you're seeing

🧽 Toyota's robots are learning to do housework by copying humans

📰 OpenAI in talks with CNN, Fox, Time to use their content,

🤔 eBay will pay $3 million in harassment case

🎁 + 7 other news you might like

🔮 + 5 handpicked research papers and tools

🧠 AI replaced the Metaverse as Meta's top priorityLINK

  • Mark Zuckerberg has recently made AI a top priority for Meta, overshadowing the company's metaverse ambitions, especially as Meta approaches its 20th anniversary.
  • Despite the metaverse's lack of widespread appeal resulting in significant losses, Zuckerberg's renewed focus on AI has been prompted by industry recognition and the need for company innovation.
  • Meta's AI division has seen progress with notable achievements, like the creation of PyTorch and an AI bot that excels in the game Diplomacy, with Zuckerberg now actively promoting AI developments.
  • 🦅 AI-powered binoculars that identify what species you're seeingLINK

  • Swarovski Optik introduces the AX Visio smart binoculars with AI that identifies birds and animals using image recognition.
  • The AX Visio binoculars combine traditional optical excellence with a 13-megapixel camera sensor and connectivity to mobile apps.
  • These smart binoculars can recognize over 9,000 species and are priced at $4,800, targeting the higher end market of wildlife enthusiasts.
  • 🧽 Toyota's robots are learning to do housework by copying humansLINK

  • Toyota's robots are being taught to perform household chores by mimicking human actions, using remote-controlled robotic arms to learn tasks like sweeping.
  • The robots utilize a machine learning system called a diffusion policy, which is inspired by AI advancements in chatbots and image generators, to improve efficiency in learning.
  • Researchers aim to further enhance robot learning by having them analyze videos, potentially using YouTube as a training database while acknowledging the importance of real-world interaction.
  • 📰 OpenAI in talks with CNN, Fox, Time to use their content,LINK

  • OpenAI is negotiating with CNN, Fox News, and Time Magazine to license their content for use in training its AI models.
  • The firm aims to make ChatGPT more accurate by training on up-to-date content, as its current knowledge is limited to pre-January 2022 data.
  • Legal disputes are rising, with the New York Times suing OpenAI and other AI companies for alleged unauthorized use of content in training their AI systems.
  • 🤔 eBay will pay $3 million in harassment caseLINK

  • eBay has agreed to pay a $3 million fine for a harassment campaign against a couple running a newsletter critical of the company, involving sending disturbing items and stalking.
  • Two former eBay executives are serving jail time for orchestrating the stalking campaign, while the company's former CEO has denied involvement and has not been charged.
  • The Steiners, victims of the harassment, are pushing for further indictments and are suing the former CEO, while eBay apologizes and asserts new leadership and policies have been put in place.
  • Other news you might like

    US investors traded around $4.6 billion in bitcoin ETFs on their first day, with SEC approval kicking off intense competition and fee cuts.LINK

    Google now backs Right to Repair, endorsing Oregon's legislation while previously opposing similar bills, suggesting a strategic stance aligning with its interests.LINK

    One of the world’s largest AI training datasets is about to get bigger and ‘substantially better’.LINK

    Discord is laying off 170 employees, admitting it expanded its workforce too fast, mirroring broader tech industry layoffs.LINK

    Rabbit R1 AI pocket companion, hailed as intuitive and reminiscent of a Tamagotchi, sold 10,000 units on launch day, overwhelming its $199 pre-order batch.LINK

    Rivian plans to halve the carbon footprint of its upcoming EVs by 2030, using more recycled materials and renewable energy.LINK

    US startup funding drops 30% in 2023 despite AI frenzy.LINK

    Latest research and tools

    Shell History Fly-through: a feature or tool for quickly navigating past commands used in the terminal.LINK

    Psst: a paper-based secret sharing technique that ensures confidential information can be split and distributed without relying on digital platforms.LINK

    Bridge Truss Design with PyTorch Autograd: simplifies the process of creating bridge structures by using advanced computational techniques to automatically calculate forces and stresses.LINK

    A Philosophical Introduction to Language Models: the paper explores how language models, like AI chatbots, understand and generate human language.LINK

    CurlyQ: a command line tool designed to enhance curl for web scraping tasks by assisting with complex queries.LINK


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