Meta Beats Earnings Expectations, AI Remains Top Priority
Meta is performing well after reporting its quarterly earnings but will it last? As guidance for the upcoming quarter has investors on edge, questions remain about some of the company's biggest investments like the Metaverse. Cheddar News senior reporter Michelle Castillo reported on the earnings and where the company stands with its progress in artificial intelligence development.
The head of the artificial intelligence company that makes ChatGPT told Congress on Tuesday that government intervention "will be critical to mitigate the risks of increasingly powerful” AI systems.