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META PLATFORMS AI INVESTMENT
Global Market Today: Asian stocks mixed as oil rally, AI concerns weigh on sentimentContracts for the Nasdaq 100 Index slipped 0.6% and those for the S&P 500 dropped 0.4% in early Asian trading following a split set of resu...- Meta stock: Facebook, Instagram parent stock price rises after tech giant announces new types of shares. All you may want to knowMeta posted diluted earnings per share of $3.83 in the quarter, a figure that would have been $7.40, had it not been for a $9.89 billion ch...
- Meta raises AI spending forecast to $145 billion, plans new share issue; Q3 revenue beats estimatesMeta raised its 2026 capital expenditure forecast to $135 billion-$145 billion to accelerate AI expansion and announced plans for non-votin...
- Meta tells Brazil's electoral court it treats Lula and Flavio Bolsonaro equally ahead of Sunday voteMeta has taken steps to comply with a court order for equal treatment of presidential candidates in Brazil. The electoral court directed th...
- Global Market Today: Asian shares, US futures rise on AI-trade revivalThe MSCI Asia Pacific Index climbed 0.6% with shares gaining in South Korea and Japan. The Kospi Index rose 1.9%, rebounding after one of t...
- Meta's global affairs officer Joel Kaplan to leave company after 15 yearsKaplan was elevated to Meta's top policy role in January last year, as the social media giant rolled back US fact-checking, ended diversity...
- Meta’s AI spending and Muse adoption set to test Zuckerberg’s strategyMeta's upcoming third-quarter results will reflect its significant investments in artificial intelligence technologies and products. The co...
- Meta's AI spending, Muse assistant adoption in focus for quarterly resultsMeta is gearing up to unveil its third-quarter earnings, driven mainly by notable investments in AI and the innovative Muse assistant. Rece...
- The Social Reckoning: Looking back at Facebook’s 2021 controversy and where Meta stands todayAaron Sorkin’s latest film focuses on Facebook's past controversies and the implications of its business model. The story centres around wh...
- AI agents are only as good as the personal information you share, and that raises privacy concernsMany have welcomed AI agents into their online lives, and raved about how personalized assistants like Muse can handle everyday tasks with ...
- US Market: Wall Street’s AI rally faces test as Meta earnings loomWall Street’s AI-driven rally faces a crucial test as Meta, semiconductor makers and major companies report quarterly earnings. Investors w...
- From shareholders to partners: How Google and Meta’s Jio investments evolved into an AI allianceMeta and Google, originally minority shareholders in Jio Platforms, are now forming strategic partnerships with Reliance. The new collabora...
- Wall Street Week Ahead: As AI rally wobbles, stock market's spotlight turns to earningsInvestor confidence in the market is wavering due to recent declines in AI-linked stocks and semiconductor firms. Upcoming quarterly result...
- Meta employees confirm in internal communications of alleged bias against Lula in Brazilian elections, reports newspaperMeta's employees confirmed in an internal communication that the company had restricited Brazilian President Luiz Inácio Lula da Silva’s ac...
- What is Meta’s Muse Spark Open and what can it do?An open-weight model is an AI model whose core components — the numerical parameters learned during its training, known as its weights — ar...
- Meta’s Muse Spark Open is free to download, but comes with strings attachedThe main commercial restriction applies to companies that offer AI models as a service, giving customers model outputs through an applicati...
- Meta releases open-weight Muse Spark model for coding, agentic tasksOpen-weight models make trained parameters available for developers to modify, unlike proprietary models that remain under their creators' ...
- Mark Zuckerberg and wife Priscilla Chan pay $57 million for 16,000-square-foot Gothic-style Strancally Castle in Ireland’s County WaterfordMark Zuckerberg and Priscilla Chan recently acquired Strancally Castle in County Waterford for over €51 million. This purchase is the highe...
- Meta says its new AI models on par with OpenAI, AnthropicMeta on Monday unveiled two new "frontier" artificial intelligence models called Wonder and Wonder Full, which the company claims perform a...
- Meta releases Muse Wonder AI models to challenge Anthropic and OpenAIThe launch comes after CEO Mark Zuckerberg pledged billions of dollars and aggressively poached researchers over the past year to catch up ...
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