AIBusiness

AI Investment Boom Shows Signs of Market Correction, Former Meta Executive Warns

Former Meta president Nick Clegg has raised concerns about potential market correction in artificial intelligence investments. The industry veteran pointed to “unbelievable, crazy valuations” and massive capital requirements as indicators of bubble-like conditions.

AI Investment Boom Shows Bubble Characteristics

Former Meta Platforms executive Nick Clegg has warned that the artificial intelligence sector may be headed for a market correction, according to recent reports. The former president of global affairs stated that current investment patterns show “pretty prominent features of what looks like a bubble” during an interview with CNBC.

SoftwareTechnology

Meta Shuts Down Messenger Desktop Apps for Windows and Mac, Redirects Users to Web Platforms

Meta is sunsetting its Messenger desktop applications for Windows and Mac operating systems. Users will lose access after December 15 and must transition to web-based messaging platforms, with chat history at risk if not properly saved.

Meta Discontinues Desktop Messenger Applications

Meta Platforms is shutting down its dedicated Messenger desktop applications for both Windows and Mac operating systems, according to reports. The company has announced that the applications will cease functioning after December 15, forcing users to transition to web-based messaging platforms.