Meta, WhatsApp
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Meta has sued the maker of a popular AI "nudify" app, Crush AI, that reportedly ran thousands of ads across its platforms.
Meta’s massive AI investments lift its stock, but rising valuations and macro risks prompt questions about how long the rally can last.
Will Cathcart, head of Meta's subsidiary, announced the launch of WhatsApp channels with subscriptions and advertising. He says the rollout of artificial intelligence does not compromise the privacy of encrypted messaging.
Meta Platforms Inc (NASDAQ:META) shares are trading higher Monday after the company announced that WhatsApp will show adds and offer paid subscriptions for the first time.
Staying in the AI race is crucial for Meta, Google, Amazon and Microsoft, with the technology likely to be the future for the industry.
AI-generated video in advertising has proved a perilous endeavor to date. Now, imagine AI generating everything from concept to video assets to sound.
Oppenheimer analysts raised their price target for Outperform-rated Meta Platforms (NASDAQ:META) shares to $775 from $665 in a note Monday, citing a “better than feared” macro and advertising environment.
The move could affect all Instagram and Facebook subscribers and the future of the global advertising industry.
Meta (NASDAQ:META) said Thursday it is suing Crush AI in its fight against "nudify apps," which allow the creation of AI-generated nude or sexually explicit images without a user's consent. The social media and tech giant said it is filing the suit against the parent company of the app,
Meta said in a blog post that it is suing Joy Timeline HK Limited, the entity behind CrushAI apps, which allow people to create AI-generated nude or sexually explicit images of individuals without their consent.
Meta Platforms (META) shares climbed Monday as the social media giant said it’s introducing paid advertising to WhatsApp, in a move that could expand its revenue streams. Shares were up over 2.5%, above $700,