Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Meta announces AI image generation tools for advertisers By: FOX Business May 12, 2023 at 09:22 AM EDT Facebook parent company Meta is rolling out a suite of artificial intelligence-based tools for use by advertisers on their platforms. Facebook parent company Meta has announced a new set of artificial intelligence-based tools for its advertisers.The company, owned by billionaire entrepreneur Mark Zuckerberg, announced the "AI Sandbox" during a Thursday event in New York City.TECH LEADERS MENTION AI ALMOST 170 TIMES DURING EARNINGS CALLS: REPORTMeta Vice President of Monetization John Hegeman told attendees that the social media company has so far spent "tens of billions of dollars" on artificial intelligence in a bid to create more complex and reliable results."The aim here, again, is really to quickly test and learn and figure out which parts of these new capabilities are turning out to be most helpful for businesses to achieve their goals," said Hegeman.GOOGLE SCRAMBLES FOR NEW SEARCH ENGINE AS AI CREEPS IN: REPORTAdvertisers will be able to use AI Sandbox to generate images from text to use in marketing campaigns.The AI system is also expected to allow advertisers to automatically curate and edit messages to fit different viewing audiences.HAWLEY INTRODUCES TWO BILLS TO PROTECT KIDS FROM EFFECTS OF SOCIAL MEDIA, RAISE AGE REQUIREMENT TO 16Additionally, Meta promises AI Sandbox will simplify the process of formatting advertisements for different platforms, automatically cropping or extending an image to fit different spaces."Overall, the generative AI space is developing incredibly quickly right now, and it’s a very exciting time," said Hegeman. "Our unique opportunity is to integrate these features over time into our products."CLICK HERE TO READ MORE ON FOX BUSINESSOpenAI's release of ChatGPT in November 2022 proved to be a game changer for artificial intelligence, with other tech firms pushing to speed up their own artificial intelligence systems. ChatGPT is able to simulate human-like conversations with users based on prompts it is given, and it has the fastest growing user base with 100 million monthly active users in January. Related Stocks: Meta Platforms Inc Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Meta announces AI image generation tools for advertisers By: FOX Business May 12, 2023 at 09:22 AM EDT Facebook parent company Meta is rolling out a suite of artificial intelligence-based tools for use by advertisers on their platforms. Facebook parent company Meta has announced a new set of artificial intelligence-based tools for its advertisers.The company, owned by billionaire entrepreneur Mark Zuckerberg, announced the "AI Sandbox" during a Thursday event in New York City.TECH LEADERS MENTION AI ALMOST 170 TIMES DURING EARNINGS CALLS: REPORTMeta Vice President of Monetization John Hegeman told attendees that the social media company has so far spent "tens of billions of dollars" on artificial intelligence in a bid to create more complex and reliable results."The aim here, again, is really to quickly test and learn and figure out which parts of these new capabilities are turning out to be most helpful for businesses to achieve their goals," said Hegeman.GOOGLE SCRAMBLES FOR NEW SEARCH ENGINE AS AI CREEPS IN: REPORTAdvertisers will be able to use AI Sandbox to generate images from text to use in marketing campaigns.The AI system is also expected to allow advertisers to automatically curate and edit messages to fit different viewing audiences.HAWLEY INTRODUCES TWO BILLS TO PROTECT KIDS FROM EFFECTS OF SOCIAL MEDIA, RAISE AGE REQUIREMENT TO 16Additionally, Meta promises AI Sandbox will simplify the process of formatting advertisements for different platforms, automatically cropping or extending an image to fit different spaces."Overall, the generative AI space is developing incredibly quickly right now, and it’s a very exciting time," said Hegeman. "Our unique opportunity is to integrate these features over time into our products."CLICK HERE TO READ MORE ON FOX BUSINESSOpenAI's release of ChatGPT in November 2022 proved to be a game changer for artificial intelligence, with other tech firms pushing to speed up their own artificial intelligence systems. ChatGPT is able to simulate human-like conversations with users based on prompts it is given, and it has the fastest growing user base with 100 million monthly active users in January. Related Stocks: Meta Platforms Inc