Meta Delays AI Chatbot Launch in Europe After Regulator Pushback [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance
requested the company pause its plan to train its large language models with posts from users there. Most Read from Bloomberg Wells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity' Southwest Plane Plunged Within 400 Feet of Ocean Near Hawaii Bump Stock Ban Tossed Out by Supreme Court in Gun-Rights Win Tesla Investors Get Behind Musk's Fight for $56 Billion Pay Deal Apple to ‘Pay' OpenAI for ChatGPT Through Distribution, Not Cash On Monday, Meta announced its intention to start training its LLM, called Llama, using public posts generated by European users. On Friday, it updated that statement to say those plans have been delayed indefinitely after the Irish Data Protection Commission pushed back on the decision. “This is a step backwards for European innovation, competition in AI development and further delays bringing the benefits of AI to people in Europe,” Meta wrote in a blog post. “Put simply, without including local information we'd only be able to o
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META
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META
Sec Filings
- 6/21/24 - Form 144
- 6/20/24 - Form 4
- 6/20/24 - Form 4
- META's page on the SEC website