Meta Platforms (formerly Facebook) is a technology company that develops the open-source Llama series of large language models, alongside AI research at Meta AI (formerly FAIR).
The White House will convene AI companies on Tuesday, August 4, 2026, to review the national AI policy framework first unveiled in March 2026, which routes federal AI guidelines through existing agenc…
Goldman Sachs strategist Peter Oppenheimer said Big Tech's heavy capital spending on AI is the primary reason the bull market is broadening, with the equally weighted S&P 500 outperforming the S&P 500…
A Google DeepMind executive predicts AI-related capital expenditures could reach $1 trillion by 2026, driven by recursive self-improvement (RSI), which the executive considers the new AGI. Combined ca…
Goldman Sachs strategist Ben Snider reports that consensus estimates for 2027 hyperscaler capital expenditures have surged by over $100 billion to more than $1 trillion (33% annual growth) since the s…
Bernstein projects the global server market will exceed $1 trillion by 2028, driven by accelerating AI infrastructure spending, according to its Q2 2026 AI tracker report released on August 3, 2026. T…
Meta has launched Developer Tools MCP, a Model Context Protocol server that lets AI agents and IDE assistants access developer platform data such as app status, API health, and webhook management from…
Ikea's AI-powered customer service bot Billie, launched five years ago, now handles three-quarters of customer queries, but instead of laying off call center workers, the retailer retrained them, turn…
Scott Galloway and Ed Elson explain how single-stock leveraged ETFs caused volatility in the South Korean stock market, highlighting the dangers of leverage for investors. They also analyze earnings f…
A feud has erupted in Silicon Valley and Washington over China's powerful, cheap open-weight AI models, with entrepreneurs and politicians split between embracing them for economic benefits and cracki…
Truist Securities analyst Matthew Niknam upgraded Corning Incorporated from Hold to Buy on August 3, setting a $175 price target, citing AI-driven demand for optical communications. Corning's optical …
Top AI researchers are leaving Google DeepMind for rivals such as OpenAI and Anthropic, including Noam Shazeer, co-author of the Transformer paper, who moved to OpenAI, and John Jumper, leader of the …
As of August 2, 2026, the EU AI Act's transparency rules under Article 50 took effect, requiring AI systems serving EU users to disclose AI-generated content, while the European Commission gained enfo…
CuspAI, a Cambridge-based startup founded in 2024, closed a $450 million Series B funding round on July 20, bringing its valuation to $2.6 billion and total funding past $580 million, with backing fro…
As of today, the European Union's AI Act rules on AI models become enforceable, making the European Commission the world's top regulator of artificial intelligence. The rules, passed in 2024, require …
Alphabet, Amazon, Meta, and Microsoft have committed nearly $2.4 trillion in AI infrastructure spending, while Bitcoin miners like IREN, Hut 8, TeraWulf, and Core Scientific have signed AI contracts w…
Amazon, Alphabet, Meta, and Microsoft spent $170 billion on data centers in a single quarter, a 72% increase year-over-year, and are on track to spend $1.5 trillion by end of 2027, according to Wall S…
Microsoft, Amazon, Apple, and Meta posted record quarterly revenues, with Microsoft at $90.01 billion, Amazon at $200.61 billion, Apple at $109.42 billion, and Meta at $60.80 billion, while AI capital…
DuckDuckGo, the privacy-focused search engine and browser company, partnered with eyewear brand Knockaround to sell 'Normal F* ****** Sunglasses,' a $35 pair of analog sunglasses designed as a satiric…
DuckDuckGo, the privacy-focused search engine and browser company, partnered with eyewear company Knockaround to release 'Normal F* ******* Sunglasses,' analog sunglasses with no camera, microphone, B…
Meta's AI-powered Ray-Ban smart glasses, increasingly dubbed 'pervert glasses,' have sparked privacy scandals throughout 2026, including secret filming, contractor data breaches, and a class-action la…