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).
Apple Inc. briefly reached a $5 trillion market value on Tuesday, becoming only the second company in history to hit that milestone, less than a year after first surpassing $4 trillion. The company re…
Michael Burry warned on 27 July that Big Tech's heavy AI spending is hurting stocks, with Amazon, Alphabet, Meta, and Microsoft expected to spend roughly $725B (£543B) on capital projects this year, w…
Amazon, Google, Microsoft, and Meta collectively raised capital expenditures to $165 billion in Q2, an 87% increase year-over-year and a 393% rise over three years, signaling a major push into AI infr…
OpenAI CEO Sam Altman warned that more companies could have been hacked through OpenAI technology beyond known incidents, telling Fox News correspondent Darren Botelho 'I mean there could be, yeah.' A…
The European Union will gain sweeping powers on August 2 to police large general purpose AI models, allowing the European Commission to demand information, conduct safety evaluations, order corrective…
Scale AI named Francis deSouza, former Google Cloud COO and president of security products, as its CEO effective August 10, filling a role vacant since June 2025 when founder Alexandr Wang left for Me…
Amazon shares jumped more than 12% after its cloud division posted its fastest growth in over four years, easing investor fears about its AI spending. Amazon Web Services grew 37% in the second quarte…
Apollo President argues that America's industrial comeback requires a new financial playbook and a fatter checkbook, as the capital-intensive boom in AI, energy, and manufacturing outpaces any single …
A booming industry of AI-generated 'deadbots' that simulate conversations with the deceased has drawn scrutiny from major publications and researchers, with the digital legacy market valued at $22.46 …
Hyderabad cybercrime police have registered a criminal case against Meta's India chief Arun Srinivas over AI-altered videos of Prime Minister Narendra Modi that circulated on Facebook and Instagram, e…
In the last two weeks, AI capabilities have surged while economic and political support has weakened, with Alphabet's free cash flow turning negative for the first time, Meta's stock plunging nearly 1…
Apple Inc. reported a 16% revenue increase to $109.4 billion in the June quarter, with earnings per share up 29% to $2.02, driven by a 22% rebound in iPhone sales and 29% Mac growth, while avoiding th…
Stock buybacks are near historic highs, but their benefit to investors is fading as the S&P 500's total share count rises again, according to Fidelity, which estimates buybacks have declined to roughl…
Microsoft Corp. kept its 2026 capital spending plan unchanged, effectively reducing it from $190 billion to $175 billion due to an accounting tweak, and its stock surged 15% on Thursday, adding the mo…
DeepSeek's V4 Flash 0731 model scored 50 on the Artificial Analysis Intelligence Index, a 10-point jump over the original V4 Flash, with the entire gain appearing as a near-vertical spike on the Paret…
Wall Street ended higher on the back of a strong chip stock rally after Microsoft's upbeat earnings reinforced confidence in the AI story, while Meta tumbled after reporting a major decline in free ca…
Samsung Electronics has revealed that its upcoming Android XR smart glasses will include a bystander-facing LED indicator, an inner LED, wear detection, and a thwart detection feature to prevent unaut…
Duke University researchers have developed Raygun, an AI tool that shrinks proteins while preserving function, potentially easing gene therapy delivery. The system generated 70,000 fluorescent protein…
LinkedIn has added a 'seems like AI slop' reporting button to its feed, announced Thursday by chief product officer Hari Srinivasan, as part of a broader effort to reduce low-quality automated content…
US stock futures rose Friday, with Nasdaq-100 contracts up 1.2%, as Big Tech earnings revived optimism in the AI trade after South Korea's KOSPI jumped 14% overnight. Amazon shares jumped 10% in prema…