Sharmila S’ Post

⬆️ Meta sales up as AI drives ads #Meta experienced a 19% increase in third-quarter revenue, driven by artificial intelligence that boosted digital advertising sales on Instagram and Facebook. However, daily active users fell short of expectations, declining shares. CEO #MarkZuckerberg has repositioned the company as an #AI innovator and plans to incorporate hardware into its strategy, focusing on augmented reality glasses to compete with Apple's Vision headset. He anticipates increased spending on these projects next year.ion headset. He expects "to spend significantly" on projects next year.

The intensity of the race by Big Tech in the A.I business is not going down anytime soon. Meta just announced the launch of Llama 3 - its own open source A.I assistant which it claims to be the most powerful. I believe Microsoft's A.I assistant Co-Pilot is the only one close to premium GPT 4 but like Microsoft tied the use of Co-Pilot to her other products like Bing Search Engine and other Microsoft packages, Meta is trying to take advantage of its market leadership in the social media industry by introducing one of its A.I assistants in the latest updates of WhatsApp for market penetration purposes. Apple will soon launch its own and make it bound to iphone users. Perhaps in their next product or version update. Google will extend further and tie their own updates to Google products and services. Using the example of Threads, these Big Tech companies know that yes, you can get mass product adoption by tying a new product to existing bases but how long the new product survives or remain relevant depends on how effective it works amd how it outpaces it competitors in delivering what end users want. Meta has sounded their own siren. Last night, I used Llama 3 extensively and can confirm that it is good but it's too early to shout. Google's Bard came so good when it was new and became dumber and lost out of the pecking order with time. Llama 3 needs time to be judged. Clearly, Meta is in the race. Notice how they all innovate ? That's what's up. Innovate or die. Okay bye bye.

🌐 Could Facebook rival Google in the search engine market? Facebook aims to position itself as a search engine, yet it remains far from Google’s 92.46% market dominance. 🚀 Despite its massive user base and content personalization, Facebook faces limitations in offering the breadth of results provided by a conventional search engine. 🔍 Is Augmented Reality (AR) the Key? In my view, an AR-based search engine could allow users to interact with both the physical and digital worlds—visualizing products in their surroundings or discovering nearby places with real-time reviews. With Meta’s advancements in AR, especially with its Orion glasses, this approach could give Facebook a unique edge in search experiences. 📲💡 What do you think? Could Google be dethroned, and how useful would an AR-based search be? #Meta #AR #AugmentedReality #Tech #Innovation

Follow the money…. “Microsoft MSFT 0.13%increase; green up pointing triangle and Meta Platforms META -0.25%decrease; red down pointing triangle might appear to have little in common. But both are betting large sums on artificial intelligence, and neither is yet inclined to slow down. The storied corporate software giant and the parent company of Facebook and Instagram reported results late Wednesday for the September-ended quarter. Both showed decently strong revenue growth and even better operating profit improvements for the quarter—each exceeding Wall Street’s targets for the period.“ https://lnkd.in/g2-Rh3Yi

🚀 Exciting times ahead in the world of mobile technology! Google's latest advancements in on-device AI for Android are not just incremental upgrades – they’re a revolution. Having smarter, more intuitive AI capabilities right on your device is set to dramatically enhance how we use our phones daily. 📱 With the ability to perform complex tasks without relying on the cloud, Android users will experience: - Faster response times - Greater privacy and security - Reduced data usage This isn't just a technical upgrade. It's a paradigm shift towards more personal and efficient mobile computing. Imagine a world where your phone understands your needs even before you articulate them. We're talking about... - AI-driven gesture controls - Seamless voice recognition - Tailored recommendations and predictions Businesses should pay attention. The potential for customer engagement and personalized marketing is immense. Brands that leverage these AI capabilities will have a distinctive edge, providing customers with incredibly responsive, helpful interactions that feel intuitively right. For developers and tech entrepreneurs, this presents a golden opportunity to innovate. Think about creating apps that push the boundaries of what’s possible when AI operates at the edge. The market is ripe for AI-powered productivity tools, health monitors, and immersive entertainment experiences. In summary, the new wave of Google AI on Android is more than a buzzwords platter. It represents future-proofing our necessities and desires. Get ready – the smart, adaptive, and efficient mobile experience we've been dreaming about is here! 🌟 #GoogleAI #Android #OnDeviceAI #MobileInnovation #TechTrends #AI #CustomerExperience #MobileDevelopment 🌐

title:Mark Zuckerberg says Meta will have 1.3M GPUs for AI by year-end Meta CEO Mark Zuckerberg announced plans to increase capital expenditures to remain competitive in the AI sector. In a Facebook post, he stated that the company anticipates spending $60 billion to $80 billion on capex in 2025, focusing mainly on data centers and expansion efforts. link:

Last week Meta unveiled compressed versions of its Llama 3.2 1B and 3B models, which run up to four times faster while using less than half the memory of previous versions. Remarkably, according to Meta’s testing, these smaller models perform nearly as well as their larger counterparts. What’s truly fascinating is how Meta is positioning itself against tech giants like Google and Apple—companies that have their own hardware ecosystems. While these giants are taking cautious, controlled approaches to mobile AI by keeping it tightly integrated within their operating systems, Meta is charting a different course entirely. Without owning its own hardware, Meta faces the challenge of delivering the same value to users on devices controlled by others. They’re tackling this by open-sourcing these compressed models and partnering with chip makers like Qualcomm and MediaTek. This bold move allows them to bypass traditional platform gatekeepers and embed their AI capabilities directly into users’ phones. By empowering developers to build AI applications without waiting for OS-level updates from Google or Apple, Meta is striving to compete in an arena where they don’t control the hardware. Their advanced, open-source models could potentially run on a wide range of devices, reducing reliance on having the latest hardware and shifting the leverage to the AI models themselves. Conversely, if running these sophisticated models continues to require cutting-edge hardware, companies like Apple might have the upper hand. Their integrated ecosystem and emphasis on privacy could provide significant advantages, even though they don’t yet have their own state-of-the-art proprietary LLM. I have to give it to Meta—I would have never guessed they’d be competing at this level with Apple and Google. All of this seems to be part of Meta’s clever strategy to compete with established hardware giants by leveraging open-source models and broad partnerships. It’s certainly not an easy path, but it’s an innovative approach to leveling the playing field.

On yesterday's Q2'24 META earnings call, Zuckerberg revealed a game-changing vision for advertisers. He stated, "Over the long term, advertisers will basically just be able to tell us a business objective and a budget, and we're going to go do the rest for them." This highlights a significant shift in the industry towards upgrading from legacy systems to avoid obsolescence. At Mill Pond Research, we are at the forefront of this transition, actively developing a cutting-edge solution. We are looking for partners to join us in shaping this impending future. Our approach begins with crafting custom solutions tailor built specifically for your business - ultimately leading to eliminating the need for external services or costly third-party cloud server expenses. Of course, we're there to help you along the way with model upgrades, employee training, system tuning, and tech support. Join us in revolutionizing the advertising landscape through innovation and collaboration. You're not going to want to miss out on this technological shift. Start the conversation now before it's too late!

Why did Google fail with Google Glass, but Meta seems succeeding with Meta-Ray-Ban Stories? The differentiating factors: purpose and target audience, price point, privacy considerations, design and aesthetics, market readiness, marketing strategy, and ecosystem integration; all point to one critical insight: Google tried to sell novel technology. Meta used technology as an enabler, a value add, while selling the Ray-Ban glasses. I’d love to hear your thoughts! Calling out to the users, product management leaders, marketing professionals, and anyone passionate about wearables and AI.

Nvidia triumphs as the world’s most valuable brand. According to an overnight release from Financial Times, Nvidia, a Silicon Valley-based corporation that originated 31 years ago with the mission of developing computer graphic cards for video gamers, has achieved an extraordinary milestone. Nvidia has overtaken Apple and Microsoft to become the most valuable publicly listed company globally. Nvidia's significant growth can be attributed to its pivotal role in meeting the increasing demand for chips capable of training and running advanced generative AI models such as OpenAI’s and ChatGPT. Remarkably, within a span of less than two years, Nvidia has evolved from a $300 billion entity struggling with an oversupply of chips due to a cryptocurrency market downturn into one of the world’s leading technology powerhouses. It was only earlier this year that Brand Finance's Global 500 Report for 2024 (Brand Finance) revealed that Apple secured the top position as the world's most valuable brand, surpassing Amazon, Google, and Microsoft. Apple's brand value increased by an impressive 74%, reinforcing its status as the leading global brand by a substantial margin. However, recent advancements in the artificial intelligence sector have reshaped the leadership landscape. According to Brand Finance, a notable highlight of this year's report is the significant progress made by companies that have heavily invested in AI. It is also worth mentioning the development of TikTok. According to Brand Finance, the platform has ascended from being the 10th most valuable brand to securing the 7th spot with a remarkable 28% growth in brand value. Currently valued at USD84.2 billion, TikTok continues its rapid growth. Brand Finance noted that TikTok has built an effective peer-to-peer marketing engine that enables consumers to effortlessly share content even with individuals who do not have TikTok accounts. This strategy serves as an effective user acquisition tool. Brand Finance also reports that TikTok enjoys exceptionally high levels of global awareness, averaging 91% across market research studies. TikTok is undoubtedly one to watch closely in future evaluations—stay tuned for further developments. #Nvidia #mostvaluablebrand #SiliconValley #technology #AI #computergraphics #brandvalue #globalbrand