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.
Meta is now allowing teenagers to access its virtual reality app, Horizon Worlds, even as critics of the technology say it could have harmful consequences for mental health. Cheddar News Senior Reporter Michelle Castillo breaks down the announcement.
Elon Musk claimed that artificial intelligence has the potential to cause 'civilization destruction.' The billionaire is currently planning to come out with an AI platform, TruthGPT.
Ten electric or plug-in hybrid vehicles will be eligible for a $7,500 U.S. tax credit, while another seven could get $3,750 under new federal rules that go into effect on Tuesday.
