Meta Platforms
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techMeta Accelerates Custom AI Chip 'Iris' for September Production
Meta Platforms is set to begin manufacturing its custom AI chip, code-named Iris, in September to significantly expand its computing power and reduce reliance on Nvidia.
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techEU Charges Meta Over Addictive Instagram and Facebook Features
The European Commission preliminarily found Meta breached the Digital Services Act with addictive design features like autoplay and infinite scroll, risking major fines.
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techMeta Announces $13 Billion Data Centre in Alberta, Canada
Meta Platforms plans to build its largest non-U.S. data centre in Sturgeon County, Alberta, a project valued at $13 billion.
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techMeta Bars Engineers From Using Anthropic Claude, OpenAI Codex
Meta has banned engineers from using Anthropic's Claude Code and OpenAI's Codex to prevent AI model contamination and potential intellectual property breaches.
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techMeta Launches Meta Compute Cloud Service to Monetize AI Infrastructure
Meta Platforms is launching a cloud computing business, Meta Compute, to sell excess AI capacity, directly challenging AWS, Azure, and Google Cloud.
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techMeta Eyes Cloud Market with Surplus AI Computing Power
Meta Platforms is exploring a cloud business to sell excess AI infrastructure, challenging Amazon, Microsoft, and Alphabet. The move could diversify its revenue beyond advertising.
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techEU Escalates Probe Into Meta's Addictive Design, Raising the Specter of a $7 Billion Fine
European regulators are moving toward preliminary findings that Facebook and Instagram use addictive features to hook users, especially children, under the Digital Services Act. A potential fine of up to 6% of global turnover looms.
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techOriginal Investors Negotiate $2 Billion Buyback of Manus AI From Meta
Chinese investors are repurchasing AI startup Manus from Meta for $2 billion following a government-mandated divestiture, despite the company quadrupling revenue since acquisition.