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META AI DEVELOPMENT
US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investorsOracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating ...- Inside Jamnagar: How Meta and Reliance are building India’s AI infrastructure backboneMeta and Reliance Industries are expanding their partnership beyond connectivity to build an AI-enabled data centre in Jamnagar, Gujarat, m...
- Canada introduces legislation to ban social media for children under 16, regulate AI chatbotsThe bill also aims to make AI chatbots safer by setting up a digital regulator to establish safety standards, a government official said. C...
- Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.
- Meta partners with Reliance to set up its first data centre in IndiaMeta Platforms is significantly boosting its India investments with a new 168 MW data center in Jamnagar, Gujarat, in partnership with Reli...
- Reliance, Meta announce Jamnagar data centre; CleanMax to supply over 900 MW renewable energy capacityMeta Platforms is investing heavily in India's digital future. The company is partnering with Reliance Industries to build a new data cente...
- Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
- Meta partners with Reliance to lease 168 MW AI data centre in JamnagarMeta has deepened its India bet by partnering with Reliance Industries to build its first AI-ready data centre in the country, leasing 168 ...
- CleanMax shares soar 15% to record high on Meta partnershipCleanMax Enviro Energy Solutions shares surged 15% to a 52-week high after announcing a 900 MW renewable energy partnership with Meta Platf...
- Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-upApollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chip...
- Apple expands child safety tools as social media bans growApple is enhancing tools for parents to safeguard children online. New features will allow parents to manage app usage, content access, and...
- AI-driven data centre demand far outstrips supply despite record hyperscaler spending: JefferiesGlobal demand for data centres continues to significantly outpace available supply, creating a structural shortage that is expected to pers...
- China’s Moonshot AI seeks $30 billion value in new funding talksThe developer of the Kimi chatbot has held early talks with prospective investors to raise more than $1 billion, people familiar with the m...
- Apollo wraps up $35 billion debt to buy AI chips for AnthropicThe package, one of the biggest private credit transactions in history, highlights the race by top-tier financiers to fund data center cons...
- Meta AI chief sees opportunity in models’ giving health adviceThe 29-year-old founder of data-labeling startup Scale AI joined Meta after Chief Executive Officer Mark Zuckerberg overhauled his company’...
- AI companies are barreling toward huge Wall Street debuts. A look at the biggest playersFrom Anthropic to SpaceX to OpenAI, tech giants are looking to take their shares public to access more capital in the race to shape the tec...
- Meta repeatedly pushes back new AI model release for developersMeta's new Muse Spark AI model API launch is nearing. While plans were pushed back, the company is now testing with early partners. Meta AI...
- China tightens oversight of overseas investments amid tech rivalry with USChina has introduced new rules to tighten control over overseas investments. This directive aims to enhance national security reviews for c...
- Meta plans AI pendant, 'wearables for work' in hardware boost: ReportThe Facebook and Instagram owner plans to significantly expand its selection of AI glasses and add a business-focused service called "Weara...
- Meta tool to track employee mouse clicks on collision course with EU privacy rulesMeta's AI training tool, Model Capability Initiative (MCI), is reportedly capturing extensive U.S. employee computer usage, including non-U...
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