Meta says it will shut down its Workplace business app as it focuses on AI

  • 📰 10News
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 50%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Rooted in fact-based, transparent reporting, Newsy is an award-winning opinion-free network owned by the E.W. Scripps Company that is relentlessly focused on “the why” of every story and seeks to enable a more intimate and immersive understanding of the issues that matter.

Meta on Tuesday said it would shut down its business-focused Workplace app so it could devote more resources to artificial intelligence.

In a statement sent to multiple outlets, Meta said"We are discontinuing Workplace from Meta so we can focus on building AI and metaverse technologies that we believe will fundamentally reshape the way we work." Meta's Workplace is a set of collaboration tools billed as"Facebook, but for your company." It offers services like chat, video, Facebook-like groups and news feeds and integration with software from other providers such as Google and Microsoft.

Meta says users will have full access to Workplace's features until Aug. 31, 2025. Following that date, until May 31, users will only be able to see and download existing data. Workplace will be removed entirely on June 1, 2026. The shutdown comes as Meta has funneled more resources into developing artificial intelligence products as it competes with firms like OpenAI and Google. The company plans to invest billions of dollars in AI-specific hardware, and earlier this year CEO Mark Zuckerberg said the company planned to pursue artificial general intelligence.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 732. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meta to shut down Workplace app for businessThe business collaboration tool will be phased out over the next year as Meta focuses on AI and the metaverse.
Source: CBSHealth - 🏆 480. / 51 Read more »

Meta Platforms Earnings: META sinks 10% on lower Q2 revenue guidanceThis must be 'opposites' week.
Source: FXStreetNews - 🏆 14. / 72 Read more »