A U.S. judge rejected a bid by 26 Meta Platforms employees to block the company from laying them off while they pursue claims that Meta's AI-powered tools targeted them for job cuts because of disabil…
Meta Platforms shares fell roughly 5.5% on June 5, closing around $593 after a Financial Times report suggested the company was weighing a massive equity offering to fund its AI infrastructure buildou…
Chinese AI models now power 60% of US corporate AI use on the OpenRouter platform, with DeepSeek as the most popular model, according to data from the platform. The shift has geopolitical implications…
Chinese President Xi Jinping made his debut at the World AI Conference in Shanghai on Friday, calling for a 'people-centred' and inclusive approach to AI development to prevent 'new historical injusti…
A new open letter calls for AI regulation, following Demis Hassabis's regulatory call. Twenty-six Meta employees filed a novel lawsuit alleging AI-powered software disproportionately targeted disabled…
Barclays strategists warn that Big Tech capital expenditures as a share of sales are expected to hit an all-time peak in Q3 2026, signaling aggressive AI spending is yielding limited impact on revenue…
Twenty-six Meta Platforms employees have filed a lawsuit in federal court in Oakland, California, accusing the company of using AI-powered software to target staff for mass layoffs, disproportionately…
Meta Platforms announced on July 1, 2026, a new business unit called Meta Compute to sell surplus GPU and AI processing power to external clients, sending its stock up roughly 9%. The company plans $1…
Meta Platforms is strengthening its AI infrastructure with custom chips and a massive computing expansion, according to a recent analysis. The company is developing its own silicon to reduce reliance …
Twenty-six Meta Platforms employees filed a novel lawsuit accusing the tech giant of using AI-powered software that disproportionately targeted workers with disabilities or who took medical leave duri…
Twenty-six former Meta Platforms employees filed a federal lawsuit in Oakland, California, on July 13, 2026, alleging the company used AI tools including 'Metamate' and activity-monitoring data to sco…
U.S. stocks closed higher on July 14, 2026, with the S&P 500 gaining 0.81% to 7,543.64 and the Nasdaq rising 1.30% to 26,206.89, as light inflation data and a rebound in semiconductor stocks fueled ma…
Meta Platforms is launching an internal division called 'Meta Compute' to monetize surplus AI infrastructure by offering raw compute power and hosted AI models to external developers, a move that sent…
Meta Platforms is expanding its Louisiana data center project to 5 gigawatts of compute capacity, signaling a major push into AI infrastructure. Yahoo Finance Tech Editor Dan Howley reports the expans…
Twenty-six former employees of Meta Platforms have filed a lawsuit accusing the company of using AI-powered software that disproportionately targeted people with disabilities or those who took medical…
SoftBank Group founder Masayoshi Son said nuclear fusion will become the main source of cheap, clean energy for AI data centers within 15 years, predicting the world will need 3 terawatts of data cent…
A new Verasight survey of 1,690 adults found that 69% of Americans support forcing AI companies to transfer half their stock to a public sovereign wealth fund, and 89% support requiring AI firms to di…
Sandisk stock rose after a leaked memo revealed a multi-year flash supply agreement with Meta Platforms, marking the first known long-term agreement (LTA) in the NAND area. The deal supports Meta's AI…
Massive investment in AI data centers, expected to top $700 billion this year, is driving up prices for memory chips, consumer electronics, and electricity, posing a new inflation threat. Economists a…
Apple stock hit an all-time high of $316.22 as investors use it as a defensive hedge against massive AI investments elsewhere in Big Tech. The company's relative inaction on AI and lower capital expen…