Meta said Monday its data center in Richland Parish, Louisiana, will expand to 5 gigawatts of compute capacity, representing an investment of more than $50 billion in the region. The social media comp…
Meta Platforms Inc. has committed an additional $40 billion to its Louisiana data center campus, pushing total expected investment beyond $250 billion as it expands its AI computing footprint. The pro…
OpenAI, Meta, and SpaceXAI released new AI models this week promising greater cost efficiency. OpenAI's GPT-5.6 uses fewer tokens to reduce customer costs, SpaceXAI's Grok 4.5 claims double the token …
Meta plans to begin production of its new AI chip, Iris, in September, aiming to reduce reliance on Nvidia GPUs. The company targets 14 gigawatts of AI computing capacity by 2027 and has raised capita…
Meta's stock surged 15% this week, its best since early 2024, after the company unveiled Meta Compute, a plan to sell AI computing capacity to external customers. The move aims to monetize Meta's mass…
Meta launched Muse Spark 1.1 and the Meta Model API, its first paid developer access tier, pricing the multimodal AI model roughly 25% cheaper than comparable offerings from OpenAI and Anthropic to at…
OpenAI released GPT-5.6, a three-model family with a new durable capability tier, and GPT-Live, a full-duplex voice model. Meta launched Muse Spark 1.1, an agent-focused model, prompting CEO Mark Zuck…
Meta's new AI detection tool failed to identify more than half of the images generated by its own Muse Image model once they were cropped, according to a Reuters report. The tool correctly identified …
Meta pulled its Muse Image AI feature from Instagram three days after launch following backlash from SAG-AFTRA, talent agency CAA, and actors including Hannah Einbinder. The tool, the first from Meta …
Meta launched Muse Image on July 7, 2026, allowing users to generate AI images of public Instagram accounts by tagging them, with opt-out consent and no notification. After backlash from CAA and SAG-A…
Mark Zuckerberg returned to X after three years to announce Meta's Muse Spark 1.1 model, now available via a paid developer API. The model is designed for agentic AI tasks, priced significantly lower …
Anthropic is reportedly targeting a $3 trillion valuation as AI companies pursue trillion-dollar IPOs, while Mark Zuckerberg's price war on AI models and China's potential end of open-source AI reshap…
Mark Zuckerberg's net worth surged by about $12 billion on Friday as Meta shares completed their strongest week in over two years, rising roughly 6% to near $670 amid renewed investor confidence in th…
Meta Platforms shares surged 15% in the best weekly rally since early 2024, closing at $669.21 on July 10, after the company launched Muse Image AI tool, upgraded Muse Spark, and announced plans to pr…
Meta Platforms shares surged approximately 15% in a week, the company's strongest showing since early 2024, driven by AI model launches and plans to build a cloud computing business that would compete…
The European Commission is investigating Meta for failing to assess risks of addictive design on user wellbeing, while Meta CEO Mark Zuckerberg reported that AI-driven feed improvements increased time…
Meta shares surged nearly 15% last week, their best performance since early 2024, driven by new AI product launches and a strategy to fully automate ad creation by 2026. The company's massive AI infra…
Meta stock rose over 5% on Friday, turning positive year to date, after CEO Mark Zuckerberg revealed plans to rent AI computing power to third parties and announced a new AI model, Muse Spark 1.1, pri…
AI companies including Meta, SpaceX, and OpenAI are racing to release cheaper, faster models, intensifying competition in the AI market. This comes as memory chip makers like SK Hynix go public and ra…
Meta Platforms Inc. launched Muse Spark 1.1, a proprietary AI model optimized for coding and autonomous agent workflows, challenging OpenAI and Anthropic in the enterprise market. The model, priced ag…