The recent unveiling of Llama 3, Meta Platforms Inc.’s latest AI model, has stirred significant enthusiasm among technology and AI influencers. This launch on the ‘X’ platform has sparked discussions about democratizing AI, with a notable surge in conversations during the third week of April, according to GlobalData’s Social Media Analytics Platform.
Meta is ambitiously positioning itself to become the world’s top AI company, co-aligned with an increase in AI spending. The tech giant’s latest earnings reveal a climbing revenue and expenses, inciting mixed responses from investors. The landscape of optimistic forecasts and increased capital expenditures seems less rosy weighed against lower than expected Q2 revenue forecasts and significant investments into AI infrastructure. CEO Mark Zuckerberg points to an aggressive AI research expansion being instrumental in the fierce race against competitors OpenAI and Microsoft.
A new study launched by Forrit, the next-generation, global content management system (CMS) provider, reveals that 89% of senior marketers and tech leaders are optimistic that Web 3.0 and the metaverse have the potential to revolutionise the way we interact with the web. However, the report, titled Web O.No: your business’ bleak online future and how to avoid it uncovered that 87% believe the current state of the internet will stunt these innovations – and none of the respondents have websites that are currently equipped for this transformative new internet era.
In response to the rapid growth of the metaverse and generative AI sectors, the European Commission (EC) is conducting a comprehensive evaluation of the competitive landscape. Margrethe Vestager, the Executive Vice President of competition policy, has issued Requests for Information (RFI) for both markets, urging stakeholders to share insights on competition levels and propose ideas on how antitrust regulations can sustain competitiveness.
An unprecedented advance in antenna technology can enable the manipulation of all five fundamental properties of electromagnetic waves through software control, according to researchers at City University of Hong Kong.
Nokia, TPG and Mediatek are collaborating to showcase the power of carrier aggregation technology in live-streaming 360-degree broadcasts, a key element for future metaverse applications. The demonstration at Nokia’s 5G Futures Lab used multiple sub-6 GHz frequency bands to maximize 5G uplink speeds, enabling real-time transmission of high-quality video. The technology could revolutionize the viewing experience for TV, movies, sports and industrial metaverse scenarios such as remote-controlled robots performing hazardous tasks.
A recent study unveils a quietly progressing industrial metaverse revolution, with early adopters reporting capex and opex reductions surpassing expectations. Focused on enterprise and industrial applications, this shift aligns with Nokia’s Industry 4.0 strategy and emphasizes the importance of reliable, high-speed connectivity.
Meta’s bold AI integration plans could revolutionize platforms like Facebook and Instagram while tackling infrastructure and software challenges. The metaverse’s potential is also sparking interest among telecommunication leaders, creating opportunities for immersive social experiences.
Meta faces a record €1.2 billion GDPR fine for transferring European users’ data to the US, raising questions on compliance, data privacy regulations, and US surveillance laws. With Meta appealing the decision, the telecommunications industry watches closely.
Amid global economic transformation, network technologies hold vital importance as businesses prioritize cost-saving cloud computing and greener power consumption. Focusing on enhancing customer experiences impacts the development of the metaverse, enabling smart cities and new monetization opportunities. Connectivity, as a critical component, drives sustainable growth across industries.
