Wednesday February 20, 2019
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People Raise Over $1 bn on Facebook

With fundraisers both big and small, people have made a lasting difference in their communities

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Facebook testing 'LOL' app to woo kids, experts wary. Pixabay

Facebook on Wednesday said its charitable giving tools have helped people raise over $1 billion in a span of three years.

So far, over 20 million people have either donated to or started a fundraiser on Facebook.

The social network also announced that it was bringing the non-profit fundraising tools to Canada and Australia.

“Our nonprofit and personal fundraising tools are now available in 20 countries,” Naomi Gleit, Facebook’s Vice President for Social Good said in a statement.

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Facebook App on a smartphone device. (VOA)

People use Facebook’s charitable giving tools for non-profit and personal causes.

Facebook introduced these tools in 2015. They are still not available in India.

Also Read- New Bengali Cartoon Channel Launched on YouTube

“Our non-profit community also continues to grow, and there are now over 1 million nonprofits in 19 countries that can receive donations directly through Facebook,” Gleit added.

With fundraisers both big and small, people have made a lasting difference in their communities. (IANS)

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Facebook To Come Up With Its Own AI Chip

"Facebook has been known to build its hardware when required -- build its own ASIC, for instance. If there's any stone unturned, we're going to work on it," Forbes quoted LeCun as saying in the interview on Monday.

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The internet has helped financial platforms attract money from financial novices with little knowledge of the risks involved. Pixabay

Facebook intends to develop its own Artificial Intelligence (AI) chips to facilitate faster computing needed to achieve new AI breakthroughs like digital assistants with common sense, said a media report.

In an interview with The Financial Times, Facebook’s chief AI scientist, Yann LeCun indicated that the social networking giant is already developing its own custom application-specific integrated circuit (ASIC) chips to support its AI software.

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While Facebook prepares to work on its own AI chips, the company wishes to work with the existing chip-makers, the report added. Pixabay

“Facebook has been known to build its hardware when required — build its own ASIC, for instance. If there’s any stone unturned, we’re going to work on it,” Forbes quoted LeCun as saying in the interview on Monday.

While Facebook prepares to work on its own AI chips, the company wishes to work with the existing chip-makers, the report added.

Also Read: Is Mammography Test to Spot Breast Cancer Necessary At All? Find out Here

According to a report by Fortune, LeCun will outline his vision for AI’s future in a new research paper he is expected to present at the International Solid State Circuits Conference in San Francisco on February 25. (IANS)

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