Wall Street closed higher on Thursday, with the S&P 500 up 0.8%, the Dow Jones up 0.2%, and the Nasdaq Composite up 1.6%. Meta Platforms announced a cheaper AI model called Muse Spark 1.1, sending its…
Semiconductor stocks lifted Wall Street on Thursday, with Micron rising 15% after announcing new investments to strengthen the U.S. chip supply chain, while Meta Platforms unveiled a new low-cost AI m…
Meta Platforms released developer access to its Muse Spark AI model and an upgraded version, Muse Spark 1.1, on Thursday, positioning it against Anthropic and OpenAI. The model, priced at $1.25 per mi…
Meta Platforms is reportedly planning a large AI data center in Sturgeon County, Alberta, with an expected investment of over $10 billion and a 932 MW natural-gas-linked power component, according to …
Career expert Keith Spencer warns that companies replacing workers with AI risk losing experienced employees, institutional knowledge, and trust. He argues employers should frame AI as a tool to trans…
Mistral AI released a new robotics navigation model called Robostral Navigate, enabling robots to navigate complex environments using a single camera and basic language prompts. The French startup is …
France's competition authority ordered Meta Platforms to resume negotiations with French media groups over payments for publishing content, citing practices that may constitute abuse of its dominant p…
Meta Platforms shares fell 11% in June 2026 after the company raised its 2026 capital expenditure forecast to $125-145 billion for AI infrastructure, spooking investors despite strong revenue growth. …
Meta Platforms rolled out Muse Image, its first image-generation model from Meta Superintelligence Labs, integrating it into Meta AI chatbot to power over 30 new effects for Instagram Stories and enab…
Ant Group's embodied AI unit, Robbyant, launched LingBot-Depth 2.0 and LingBot-Vision, claiming the models enable robots to accurately perceive transparent objects like glass and mirrors. The company …
SK Hynix's stock in Seoul has fallen 17% this month ahead of its $28 billion Nasdaq debut, threatening the pricing of the offering. The volatility, triggered by Meta Platforms' cloud pivot and amplifi…
Billionaire Jeffrey Talpins, founder of Element Capital Management, disclosed a $43.58 million stake in Micron Technology as of March 31, 2026, betting on sustained demand for high-bandwidth memory ch…
Meta Platforms announced plans to spend between $115 billion and $145 billion on AI infrastructure in 2026, nearly double its 2025 spending, triggering over $1 trillion in market cap losses across AI …
Piper Sandler analyst Thomas Champion reiterated an Overweight rating on Meta Platforms on June 25 with a price objective of $800, later adjusted to $880. The rating follows Meta's announcement of an …
SK Hynix plans to list American depositary receipts on the Nasdaq under ticker SKHY around July 10, aiming to raise up to $29.65 billion in the largest ADR offering in over two decades. The listing co…
Evercore ISI reiterated an Outperform rating on Meta Platforms (META), citing growth driven by AI subscriptions. The firm's positive outlook underscores Meta's expanding AI monetization efforts.…
Meta Platforms reportedly spends approximately $50,000 per employee annually on AI tokens, driven by a culture that encouraged heavy usage, leading to over 60 trillion tokens consumed monthly. In June…
Meta Platforms is developing a cloud business to sell excess AI computing capacity and offer access to hosted models, according to reports. The plans, still in development, could include renting raw G…
Meta Platforms is building a cloud business to sell excess AI computing capacity, according to a Bloomberg News report. Shares of the company rose over 6% in premarket trading following the news.…
Wall Street rallied on Tuesday, with the S&P 500 up 0.7% and the Nasdaq Composite gaining 1.3%, driven by AI-related stocks. SpaceX rose 3.6% ahead of its expected inclusion in the Nasdaq-100, while o…