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AI & Enterprise

Meta adds \'Muse Spark 1.1\' to Meta AI, Facebook to introduce video verification and seller app

Meta has begun offering its large language model \'Muse Spark 1.1\' to general users by applying it to the Meta AI chatbot. With the update, Facebook will also introduce the account verification feature Facebook Verified, which authenticates users through video selfies and adds a check mark badge to profiles, and a seller app called Seller. Meta plans to launch the three features in some markets first and then expand them sequentially.

Finance

Naver Pay to support payment fees for micro merchants during summer holiday season

Naver Pay will support payment processing fees for micro merchants during a period of rising summer holiday demand. The programme covers eligible merchants using online and offline payments as well as Naver Reservation and Order merchants. Support applies from July 27 to Aug. 2, and merchants will be included automatically without a separate application. Fees incurred during the period will be totalled and paid in full in a lump sum in September.

AI & Enterprise

Nadella warns heavy AI reliance can leak companies\' core intellectual property

Microsoft CEO Satya Nadella published a post warning that excessive reliance on AI in the AI era can make it difficult for companies to protect core intellectual property. He said if AI model training flows only one way, economic value concentrates with those that control training infrastructure rather than those that create knowledge. Nadella described limits on customer data distillation and cited Kenneth Arrow’s information paradox, arguing AI reverses it by putting buyers at risk.