Meta is currently in an extravagant spending mode for AI, inking massive deals to scale up infrastructure and poaching talent with pay packages that dwarf even those of top-tier professional athletes. But the company’s efforts haven’t paid off in terms of consumer success, and most of the products have been limited to flexing muscles with...

Meta Platforms Inc (NASDAQ:META) is testing a new generative-AI briefing on Facebook as part of its urgent push to challenge ChatGPT. The social media company is testing a new AI-powered daily briefing for its 3 billion monthly active users, according to the Washington Post. The initiative, internally called Project Luna, analyzes Facebook content and external...

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