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.
Earlier this month, the completely solar-powered car completed a journey across Morocco. The car was designed by students at the University of Technology in the Netherlands and the vehicle traveled over 600 miles just on solar power. It was dubbed a world first for an off-road solar-powered vehicle.
The Commerce Department on Tuesday updated and broadened its export controls to stop China from acquiring advanced computer chips and the equipment to manufacture them.