Meta Plans New Non-Voting Stock to Fund AI Expansion
Meta confirmed on Wednesday that it plans to issue a new class of non-voting stock, as first reported by Semafor during the company’s third-quarter earnings call.
» readAirbus autonomous helicopter navigates no-fly zones without human input
The autonomous navigation capabilities of a new Airbus helicopter were demonstrated by company officials. The aircraft was required to make independent routing decisions around restricted airspace without human intervention.
» readMeta says AI app Muse has 10 million users and strong spending habits
Meta announced during its third-quarter earnings call on Wednesday that its AI app Muse has been adopted by more than 10 million users, confirming estimates released earlier this week by market intelligence firm Sensor Tower.
» readNew Mexico judge orders Meta to pay $25 billion for privacy and hate speech violations
A New Mexico judge has ordered Meta to pay a $25 billion civil penalty for misleading Facebook users about privacy and hate speech rules, Bloomberg reported. The penalty is among the largest verdicts in US legal history.
» readUkrainian Drone Designed to Lift Wounded Soldiers from Battlefield
A new drone from Kyiv-based technology company SkyFall was demonstrated to the press, showing its ability to evacuate injured personnel from the battlefield.
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