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Key Facts

Founded2004

Key PeopleMark Zuckerberg, Alexandr Wang

HeadquartersMenlo Park, USA

ProductsLlama, Meta AI

Top News

Big Tech Spending Surpasses $1 Trillion on AI Infrastructure as Demand Outpaces Supply

Amazon, Google, Microsoft, and Meta have collectively spent over $1.1 trillion on AI infrastructure since 2023, with an additional $745 billion planned for 2026 alone. The unprecedented capital expenditures are straining supply chains, causing memory chip shortages, and turning cash flow negative at multiple tech giants despite accelerating cloud revenue growth.

Business39 sources

Big Tech Spending Surpasses $1 Trillion on AI Infrastructure as Demand Outpaces Supply

Business39 sources

Meta Earnings Miss Expectations as Massive AI Investment Drains Cash Flow by 91%

Meta reported disappointing Q2 2026 earnings with net income falling 14% to $15.85 billion while AI costs drove expenses up 55%. The company's free cash flow plummeted 91% to just $784 million from $8.55 billion a year ago, as capital expenditures reached $31.08 billion and Mark Zuckerberg raised the AI spending floor to $130 billion despite limited returns from projects like Muse Spark.

Business14 sources

Meta Earnings Miss Expectations as Massive AI Investment Drains Cash Flow by 91%

Business14 sources

Mark Zuckerberg says US should not block Chinese AI models, warns against regulatory capture

Meta's CEO Mark Zuckerberg has publicly opposed banning Chinese AI models in the US, calling it ineffective. In interviews with the Financial Times and an op-ed in the Wall Street Journal, he warned against centralization of AI development and regulatory capture by frontier labs like OpenAI and Anthropic. His stance comes as Washington debates how to respond to China's Moonshot AI releasing the Kimi K3 model.

Policy11 sources

Mark Zuckerberg says US should not block Chinese AI models, warns against regulatory capture

Policy11 sources

Meta AI: Zuckerberg Bets Big on Personal Agents Despite $4.6B Reality Labs Loss

Mark Zuckerberg unveiled Meta's ambitious AI agent strategy during the second-quarter earnings call, predicting billions will use personal AI agents within five years. Despite Reality Labs posting a $4.6 billion loss, Meta is doubling down on AI infrastructure with $130-145 billion in capital expenditures planned for 2026.

Technology13 sources

Meta AI: Zuckerberg Bets Big on Personal Agents Despite $4.6B Reality Labs Loss

Technology13 sources

EssilorLuxottica AI glasses sales nearly double as myopia products fuel profit surge

Franco-Italian eyewear giant EssilorLuxottica reported a 15% rise in first-half adjusted operating profit, beating analyst expectations by nearly €300 million. The Ray-Ban maker's AI glasses produced with Meta almost doubled in sales during the second quarter, while myopia management products jumped 24%. Despite the smartglasses boom, questions remain about long-term growth as competition from Google and Apple looms.

Business3 sources

EssilorLuxottica AI glasses sales nearly double as myopia products fuel profit surge

Business3 sources

Meta Ray-Ban smart glasses get major AI model upgrade with Muse Spark for sharper responses

Meta is rolling out version 127 update to Ray-Ban Display smart glasses, introducing Muse Spark AI model for improved contextual understanding and smarter responses. The update also brings voice commands for Threads, enhanced Instagram integration, and Neural Handwriting with Meta AI in early access for US and Canada users.

Technology3 sources

Meta Ray-Ban smart glasses get major AI model upgrade with Muse Spark for sharper responses

Technology3 sources

Meta and BlackRock forge $14 billion venture to build massive El Paso data center for AI

Meta Platforms and BlackRock have formed a $14 billion joint venture to develop a data center campus in El Paso, Texas. BlackRock-managed funds will own 80% of the AI-focused facility, while Meta retains 20% and remains the sole tenant. The deal allows Meta to keep most costs off its balance sheet as it races to build AI infrastructure.

Business8 sources

Meta and BlackRock forge $14 billion venture to build massive El Paso data center for AI

Business8 sources

Meta quits global renewables pledge after backing 10 gas plants to power AI data centers

Meta has exited RE100, the global corporate initiative for 100% renewable electricity, after committing to fund 10 natural gas power plants in Louisiana to meet the surging power demands of AI. The tech giant joined the initiative in 2016 and claimed to meet its renewable energy goals in 2021, but AI's explosive growth has forced a dramatic reversal of its corporate sustainability pledges.

Business2 sources

Meta quits global renewables pledge after backing 10 gas plants to power AI data centers

Business2 sources

Meta AI arrives in Threads DMs globally, offering private chats away from public feeds

Meta has rolled out its Meta AI chatbot to Threads direct messages worldwide, allowing users to interact with the AI assistant privately. Unlike the controversial public feed integration tested in select markets, this DM feature keeps AI conversations out of users' feeds while Meta positions itself against ChatGPT and Google Gemini.

Technology4 sources

Meta AI arrives in Threads DMs globally, offering private chats away from public feeds

Technology4 sources

Meta pauses plan to rate limit Conversation Focus on smart glasses after user backlash

Meta has paused its controversial plan to impose rate limits on Conversation Focus, an AI feature that amplifies voices in noisy environments. The company faced intense criticism for attempting to charge $20 monthly for a feature that runs entirely on-device. While the pause is temporary, Meta confirms some premium features will still require subscriptions as it explores new monetization approaches.

Business4 sources

Meta pauses plan to rate limit Conversation Focus on smart glasses after user backlash

Business4 sources

Meta AI shifts to productivity with Muse Spark 1.1, targeting enterprise AI rivals

Meta upgraded its AI assistant with Muse Spark 1.1, adding calendar integration, task automation, and daily briefings. The update marks a strategic pivot from entertainment to productivity features, positioning Meta AI to compete directly with Microsoft Copilot and Google's Workspace with Gemini in the enterprise market.

Technology7 sources

Meta AI shifts to productivity with Muse Spark 1.1, targeting enterprise AI rivals

Technology7 sources

Meta launches standalone Seller app for Facebook Marketplace with AI-powered listing tools

Meta introduced Seller, a dedicated app for Facebook Marketplace power sellers, featuring AI-driven listing creation, inventory management, and performance tracking. Available now on iOS and Android in the US, the app syncs with existing Marketplace data and helps frequent sellers manage their business in one place as the platform celebrates its tenth anniversary.

Technology7 sources

Meta launches standalone Seller app for Facebook Marketplace with AI-powered listing tools

Technology7 sources

Meta launches Facebook Verified with facial recognition to combat AI-generated fake profiles

Meta introduces Facebook Verified, a free badge program using facial verification to help users identify real people on the platform. The system requires a video selfie checked against existing profile photos, taking just minutes to complete. The move addresses the surge of AI-driven fake profiles and scammers using generative AI tools to create realistic accounts at scale.

Technology3 sources

Meta launches Facebook Verified with facial recognition to combat AI-generated fake profiles

Technology3 sources

Meta AI campaign pushes optimism while competitors warn of dystopian AI futures

Mark Zuckerberg launched Meta's new AI optimism campaign, positioning the company against AI doomers who warn of job losses and societal risks. The ad showcases nostalgia and human connection but features minimal AI technology and controversially uses David Bowie's "Five Years"—a song about human extinction—as its soundtrack.

Entertainment6 sources

Meta AI campaign pushes optimism while competitors warn of dystopian AI futures

Entertainment6 sources

Meta tests StoryKit, an AI storytelling app that generates bedtime stories for exhausted parents

Meta is piloting StoryKit, an AI-powered app that creates personalized children's stories complete with custom characters, settings, moral lessons, and narration. While designed to help tired parents, the app has sparked debate about outsourcing bedtime stories to AI and the impact on parent-child bonding and human creativity.

Technology3 sources

Meta tests StoryKit, an AI storytelling app that generates bedtime stories for exhausted parents

Technology3 sources

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