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…
AMD, Broadcom, Meta, Microsoft, Nvidia, and OpenAI formed the Optical Compute Interconnect Multi-Source Agreement to standardize co-packaged optics for AI scale-up networks, settling on a slow-and-wid…
Tech giants like Google, Microsoft, and Meta are embedding AI features across services, but users and publishers criticize the lack of opt-out options. DuckDuckGo saw a 30% increase in U.S. installs a…
WhatsApp announced Monday that users will soon be able to use unique usernames instead of phone numbers to contact others, closing a privacy blind spot. The Meta-owned app, with over 3 billion users, …
Asian markets fell on Monday following weekend unrest, with Japan's Topix down 0.3% and Nikkei 225 losing over 1%, while South Korea's Kospi dropped 2.2% amid AI investment plans from Samsung and SK H…
Meta Platforms' new vice-president of AI research, Dawn Song, said the next frontier of artificial intelligence will be agents that can perform economically valuable work across real-world domains. So…
The collective market value of the Magnificent Seven tech giants has shrunk by nearly $3 trillion over the past month, with the CNBC Magnificent Seven index down over 11% and continuing to fall. Micro…
Micron Technology shares surged 19% on June 25, 2026, pushing its market capitalization above Meta Platforms for the first time after reporting fiscal Q3 2026 revenue of $41.5 billion, beating estimat…
Chinese physical AI start-up Fysics AI launched Fysiverse, a physics-based world model that embeds real-world physical laws into its code, diverging from data-driven approaches used by OpenAI and Meta…
The Independent examines whether the current AI investment surge is a speculative bubble or the early stage of transformative technology, comparing it to the dotcom era while noting key differences in…
AI stocks slumped this week as investors questioned whether massive spending by tech giants like Alphabet, Amazon, Meta, and Microsoft on AI data centers will yield sufficient profits. Chipmakers incl…
Several Magnificent Seven stocks have declined recently due to uncertainty over AI growth sustainability and increased competition. Fund manager Inge Heydorn of Chelverton Asset Management sees a buyi…
Jim Cramer reported that memory shortages, particularly in high-bandwidth memory (HBM), are causing hyperscale cloud providers like Amazon, Alphabet, Microsoft, and Meta Platforms to underperform memo…
Meta Platforms reported $56.31 billion in Q1 2026 revenue, a 33% year-over-year increase, but shares fell up to 10% after hours after the company raised its 2026 capital expenditure guidance to as muc…
Meta Platforms has contracted roughly 1.6 gigawatts of AI computing capacity from data center developer Crusoe for two planned campuses in Texas and Missouri, according to a Bloomberg report that coul…
ProShares filed its fourth MANGOS ETF in three days, with an effective date of August 31, 2026. The MANGOS basket includes Meta, Anthropic, Nvidia, Google/Alphabet, OpenAI, and SpaceX, reflecting Wall…
Kingboard Holdings plans to raise HK$11.77 billion (US$1.5 billion) by selling a stake in its subsidiary Kingboard Laminates Holdings to expand production capacity for circuit boards used in AI server…
Two asset managers filed with the SEC to launch exchange-traded funds tied to the social-media-driven "MANGOS" AI-stock theme, which includes Meta, Anthropic, Nvidia, Google, OpenAI, and SpaceX. Yorkv…