Meta soared with 16% revenue growth to $42.3 billion in Q1 2025, fueled by its expanding user base reaching 3.43 billion daily active people and the success of its AI initiatives, including AI glasses and Meta AI with nearly 1 billion monthly active users.
Ai2 released Olmo 2 1B, an open-source 1-billion-parameter AI model that outperforms tech giants' models on benchmarks while running on consumer hardware, but carries risks like harmful or inaccurate outputs.
Pinterest rolls out new detection tools and user controls to combat the flood of AI-generated content overwhelming its platform, introducing labels for AI-modified images and a 'see fewer' option that lets users reduce artificial pins in beauty and art categories after widespread complaints about declining content quality.
Huawei challenges Nvidia's dominance in the AI chip market by unveiling the Ascend 910D, a powerful AI chip designed to match the performance of Nvidia's H100 GPU for AI model training, as the Chinese tech giant pursues technological independence amid US export controls on advanced chips.
Meta holds LlamaCon, unveils consumer AI app and Llama API, challenging OpenAI with open AI models like DeepSeek and Qwen in bid to expand adoption.
In a groundbreaking move, Google aims to empower Siri with its cutting-edge Gemini AI by 2025, enabling iPhone users to leverage advanced AI capabilities for complex queries, as revealed by Google's CEO during a high-profile trial and corroborated by iOS beta evidence.
In a controversial move, the Department of Housing and Urban Development (DOGE) has enlisted an inexperienced college student, Christopher Sweet, to lead an AI-driven effort to review and deregulate federal housing rules, raising concerns about the potential impact on housing policies.
Mark Zuckerberg unveils plans for a paid premium tier of Meta's AI app, offering enhanced features like increased compute power and functionality for a fee, while Meta invests up to $72 billion in AI and considers incorporating ads or product recommendations.
New York City's Metropolitan Transportation Authority is considering implementing AI-enabled cameras on subway platforms to detect and alert authorities about 'problematic behavior' before any crimes occur, as part of a 'predictive prevention' approach, raising concerns about privacy and potential biases.
Huawei is gearing up to challenge Nvidia's dominance in the AI chip market with a powerful new processor, still in development, that aims to rival Nvidia's H100 by bundling multiple chips to boost capability and overcome individual power limitations.