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Will Meta's $14 Billion Bet on AI Ever Pay Off?

14 June 2026 at 19:43
"A year after spending over $14 billion to bring in Alexandr Wang and a group of his top Scale AI engineers to revamp its artificial intelligence efforts, Meta is at least back on the map in AI," reports CNBC, "though it's still far behind OpenAI, Anthropic and Google in the market." Wang's big accomplishment was the delivery of the Muse Spark AI model in April, marking Meta's first jump into proprietary foundation models and away from a strict adherence to open source, or open weight as it's more commonly called in AI... "Meta needs to provide more proof points of both adoption and commercialization," said Ralph Schackart, an analyst at William Blair who recommends buying the stock. "Investors are looking for Meta to monetize a new AI-first product, beyond the substantial positive impact AI is having on enhancing the advertising models." Wall Street, at least so far, is unimpressed. Meta's stock is down 18% over the past 12 months, the worst performer in the megacap group, along with Microsoft, which has its own challenges in AI. That's even after Meta reported 33% revenue growth in the first quarter, the fastest rate of expansion for any period since 2021. For Meta, the problem started with what some industry experts called, in hindsight at least, a strategic blunder. The company jumped into AI with its Llama family of models, offering an open-source approach that allowed developers to freely tinker, while the other big model makers charged for access. In April of last year, Meta's release of Llama 4 fell flat, failing to captivate developers and leading Zuckerberg to reconsider his company's approach to AI development... Since the release of Muse Spark, Meta has unveiled new AI and business-related subscription plans as part of an effort to expand its business beyond online ads. Historically, it hasn't worked. Meta still counts on ads for 98% of revenue. Schackart said he wants to see "tangible evidence of a growing list of new, AI-first products created by Muse Spark, even if monetization lags." He said that's "what investors are looking for." No matter how good Wang's model may be, Zuckerberg has a high hill to climb with developers coming off the Llama debacle. "I think the AI community largely ignores Meta at this point," said Rob May, CEO of the startup Neurometric, which works in the realm of token engineering.... Krish Subramanian, the CEO of consulting firm KOI AI and former product head at IBM Consulting, said developers are more excited about Google's AI models than what Meta is offering. The appeal of Llama was that it specifically targeted developers wanting open-weight alternative models, while with Muse Spark, Meta has made little effort in that direction, he said. "The lack of developer trust will come back to hit them if they don't focus on third-party developers," Subramanian said, noting that it took years for Microsoft to regain trust from open-source coders during the early days of Azure. "To just focus on a walled-garden kind of an ecosystem and ad revenue as the main source of income, they probably will never become the big player," he said. A Meta spokesperson pointed to Wang's recent comments about the company's continued support for the open-source ecosystem, and said Meta still plans to offer outside developers access to Muse Spark's underlying technology via an API, as it previously announced. "We're already testing with some early partners, and look forward to releasing it this month," the spokesperson said. "That Zuckerberg's metaverse and virtual reality ambitions have generated over $80 billion in total losses since late 2020 makes the AI pitch a tougher sell," the article points out, citing this observation from Howard Yu, business professor at Switzerland's International Institute for Management Development. "He's running out of the space for his credibility to last," Yu said. "I think the virtual reality foray may have burned up a lot of his goodwill in front of investors."

Read more of this story at Slashdot.

China may have accessed Mythos

Anthropic logo on an orange and grey background.

According to a new report from Semafor, the White House's decision to impose export restrictions on Anthropic's Mythos was driven in part by fears that it had been accessed by a group linked to China. If the Chinese government actually had access to Mythos 5 or Fable 5, it would present a serious national security risk. The government could also attempt to reverse engineer the model through distillation, a method in which a "student" AI is trained on a more advanced model to replicate its behavior.

The White House has not confirmed this report, and a post on X by Trump adviser David Sacks did not mention China. Instead, Sacks focused on a r …

Read the full story at The Verge.

How America's Energy Department is Building a National Platform for Doing Science with AI

14 June 2026 at 16:34
America's Energy Department "wants to build a single national platform for doing science with AI," reports Communications of the ACM: It is called the Genesis Mission, and the idea is to connect the country's 17 national laboratories, their supercomputers, scientific datasets, and a growing layer of AI models and agents into one system researchers can access. The DOE has taken to calling it 'a national operating system for science.' That means treating compute, data, and AI models the way the country treats power lines and highways, as shared national plumbing everyone else builds on top of. If it works, Genesis will change how scientific work gets organized, checked, and scaled, with AI helping run the whole pipeline from hypothesis to simulation to experiment and back. The pitch is that this is better understood as infrastructure policy than as another research program. Genesis is now moving from announcement into execution. President Trump signed the executive order launching it in November 2025. This past February, the DOE published 26 science and technology challenges for the program, and in March it opened a $294-million call for research teams in fields like nuclear energy, quantum information science, semiconductors, and biotechnology. The program is also beginning to reach beyond U.S. borders. In June 2026, Japan moved to become Genesis's first international partner. The two governments plan to invest a combined $1 billion over five years, with Japan contributing $500 million toward joint work in quantum technology, nuclear fusion, and biotechnology. The stated goal is staying ahead of China in the fields where AI is advancing fastest. The open question is whether a federated platform this big can actually work, or whether it ends up as one more expensive coordination exercise.

Read more of this story at Slashdot.

Amazon security research reportedly led to the White House’s Anthropic Fable ban

Anthropic logo on an orange and grey background.

According to the The Wall Street Journal, the export control directive that led to Anthropic cutting off access to Fable 5 and Mythos 5 was triggered in part by cybersecurity research from Amazon and conversations between CEO Andy Jassy and the White House. According to the report, the paper from Amazon claims that, through a series of prompts, it was able to get Fable 5 to serve up information that could be used in cyberattacks. Amazon has yet to respond to a request for comment.

Shortly after Jassy shared the company's findings with the government, it made the call to block its use by foreign nationals. Complicating this issue is that man …

Read the full story at The Verge.

Shutterstock 'Evolves' Into 'Human-Led, AI-Powered Creative Platform'

13 June 2026 at 22:34
Slashdot reader BrianFagioli writes: Shutterstock has unveiled what it calls a "human-led, AI-powered" creative platform that combines its massive library of [human] contributor-created content with AI image and video generation, AI editing, conversational search, prompt enhancement, and automated model selection tools. The company says the goal is to help creators move from idea to finished work faster [in a single application] while maintaining commercial licensing protections and contributor royalty payments... While Shutterstock repeatedly emphasizes human creativity, much of the platform's future appears centered on AI-generated and AI-modified content. An article at Nerds.xyz suggests Shutterstock's AI tools let users "transform existing content into something new," while noting Shutterstock's repeated references to human creativity "almost feel defensive." But it points out other companies including Adobe and Canva "and countless startups are all racing to integrate AI into creative workflows."

Read more of this story at Slashdot.

OpenAI Investigated By Coalition of America's State Attorneys General

13 June 2026 at 18:34
"A coalition of state attorneys general has opened an investigation into OpenAI," reports the Wall Street Journal, citing "people familiar with the matter." OpenAI was served Friday with a subpoena seeking documents related to a broad range of its activities and impact on users, including advertising, user engagement and retention, handling of consumer data and health data, activities related to minors and seniors, deep learning models, model sycophancy and company policies, some of the people said. The subpoena, viewed by The Wall Street Journal, was sent by New York's attorney general.... Earlier this month, Florida became the first state to file a lawsuit against OpenAI and its chief executive, Sam Altman. The lawsuit claims OpenAI and Altman knowingly released an unsafe product and ignored warnings that it could harm users. Florida's Attorney General, James Uthmeier, opened a criminal investigation into OpenAI in April over the role its chatbot played in a mass shooting that killed two people at Florida State University last year. The suspect allegedly turned to ChatGPT as a confidant and sounding board to plan the attack, and the chatbot dispensed advice for his questions... State attorneys general have been scrutinizing OpenAI's competitors in the AI industry as well. In December, a coalition of 42 state attorneys general led by Pennsylvania's Dave Sunday sent a letter to companies including OpenAI, Meta, Anthropic, Google and xAI. In the letter, the Attorneys General demanded safeguards to protect vulnerable users from harmful interactions with chatbots, warning that "developers may be held accountable for the outputs of their GenAI products" for "encouraging an individual to commit a criminal act." "We take the concerns raised by state attorneys general seriously," OpenAI told the Journal in a statement, "and intend to engage constructively with their offices." The article also acknowledges that The Wall Street Journal's parent company "has a content-licensing partnership with OpenAI."

Read more of this story at Slashdot.

My yard is dying, so I made an app for that

13 June 2026 at 14:00
Image of a backyard with code brackets and a grill.

When I returned to my computer five minutes after giving Gemini a lengthy prompt, I had two things: a functional app in a preview window, and a message about a bug.

"~ Channel is unrecoverably broken and will be disposed!" Sounded bad! But right below it was a button to fix the bug. Pretty weird that I just instructed a computer to build a whole app for me with a single prompt, but it needed me to click a button to fix a bug. I did anyway, and in 233 seconds Gemini reported back that it had succeeded, using words like "blockages" and "race conditions." I didn't understand a bit of it. It was thrilling.

This was my second or third attempt a …

Read the full story at The Verge.

Anthropic cuts off Fable 5 and Mythos 5 access following government order

Anthropic logo on an orange background.

On Friday evening, the government ordered Anthropic to block access to Fable 5 and Mythos 5 for all foreign nations, both inside and outside the US, due to national security concerns. That order included employees of Anthropic. To meet those demands, the company has completely cut off access to the models for all customers.

In a statement, Anthropic said that while it was complying with the order, the government "did not provide specific details of its national security concern." Instead, it claims that any evidence of potential jailbreak was provided verbally, and that the vulnerabilities discovered were minor and available via other model …

Read the full story at The Verge.

Apple’s new AI photo editing tools mostly work, for better and worse

13 June 2026 at 13:00
iPhone on a tray showing editing UI in Apple Photos
iPhone owners are getting real, native AI photo editing for the first time.

The most popular camera in the world just got its first set of serious AI photo editing features, and I don't think any of us are ready.

As far as AI photo editing goes, the new features in iOS 27 are pretty tame compared to what you can do on, say, Google's Pixel phones. But for the iPhone, they represent a tipping point in what the native photos app allows you to do to your photos. I mean memories. I mean, I don't know anymore.

These new features are part of the iOS 27 developer beta right now, so bear in mind that Apple may continue making tweaks to them before they're released to the general public. There are three, or maybe two and a …

Read the full story at The Verge.

The future of Hollywood isn’t feeding prompts into vanilla gen AI modelsΒ 

An illustration of a young woman standing on a bed. The woman is grimacing and engulfed in a flaming aura.
Concept art from Dear Upstairs Neighbors that used to train custom builds of Google’s Veo and Imagen models. | Image: Google DeepMind

For all the noise that's been made about how generative AI is poised to revolutionize the filmmaking industry, there haven't really been any projects created with the technology that felt like the sort of entertainment people would pay to see. Most AI firms' video models are still only capable of churning out short bursts of visually inconsistent footage. And some of Hollywood's biggest AI partnerships have suddenly evaporated in ways that make it seem like studios might not be able to rely on the new technology coming out of Silicon Valley. For the most part, short-form video slop appears to be the only thing that major production houses ar …

Read the full story at The Verge.

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