Nvidia, Microsoft, Meta, IBM and two dozen other tech companies urged U.S. lawmakers in a letter posted Friday to avoid premature restrictions on open-source AI models, arguing that such rules could s…
BlackRock is attempting to raise more than $12 billion in bonds to build a 1-gigawatt AI data center campus in El Paso, Texas, with Meta Platforms holding a 20% equity stake and leasing capacity. Bond…
The Magnificent 7 technology stocks suffered their biggest one-day drop since April 2025 on Thursday, losing US$797 billion in market value as AI scepticism and geopolitical tensions weighed on market…
Samsung Electronics unveiled its first smart glasses at the Galaxy Unpacked event in London on July 22, featuring Google Gemini AI on Android XR and a Qualcomm Snapdragon AR1 Gen 1 processor, challeng…
Meta Platforms is in early-stage talks with Anthropic for a potential $10 billion deal that would allow Anthropic to lease Meta's computing capacity over two years, aiming to boost Meta's cloud servic…
Twenty-six current and former Meta employees are suing the company in federal court, alleging that AI-assisted systems including productivity scoring, token usage tracking, and performance ranking alg…
A lawsuit against Meta Platforms alleging discriminatory AI tools were used to select employees for layoffs highlights the difficulty workers face in proving AI-related discrimination, including a lac…
Citrini Research says Qualcomm, GitLab, and Meta are poised to be winners in the next phase of the AI trade, as current narratives blaming Chinese competition and geopolitics for AI volatility fail to…
Microsoft and AMD announced a partnership to deploy large-scale AI clusters on Azure using AMD's Helios rack design, which includes MI455X GPUs, Venice Epyc 9006 CPUs, Pensando DPUs, and the ROCm soft…
A US judge on Friday 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…
Meta Platforms is in talks to lease computing power to Anthropic in a potential deal worth up to US$10 billion over two years, according to a source familiar with the matter. The deal would help Meta …
Meta Platforms faces uncertainty over AI return on invested capital as it plans to spend between $125 billion and $145 billion on capital expenditures in 2026, mostly on AI infrastructure, echoing its…
Meta Platforms is in advanced talks to lease computing power to Anthropic in a deal that could be worth $10 billion, according to a New York Times report. The agreement would make Meta a critical infr…
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…