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Meta's Reality Labs posts Q1 revenue down 6% YoY to $412M, vs. $492.7M est., and a $4.2B operating loss, vs. $4.6B est.; Reality Labs has lost $60B+ since 2020 (Jonathan Vanian/CNBC)

Jonathan Vanian / CNBC : Meta's Reality Labs posts Q1 revenue down 6% YoY to $412M, vs. $492.7M est., and a $4.2B operating loss, vs....

30 April 2025

Xiaomi unveils open-source AI reasoning model MiMo, joining other Chinese tech leaders hoping to make a splash in the burgeoning AI field endorsed by Beijing (Yuan Gao/Bloomberg)

Yuan Gao / Bloomberg:
Xiaomi unveils open-source AI reasoning model MiMo, joining other Chinese tech leaders hoping to make a splash in the burgeoning AI field endorsed by Beijing  —  Xiaomi debuted MiMo a day after Alibaba unveiled the latest version of its own flagship model, amplifying a race between China's tech players …

Posted from: this blog via Microsoft Power Automate.

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