Meta Platforms (META) Faces Pressure as $27B AI Capacity Deal Raises Cost Concerns
Nebius Group signed a five-year deal to supply Meta Platforms with $12 billion in AI capacity, with a contract valued up to $27 billion.
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Recently added · Page 1Meta (META) Advances AI Leadership as LeCun Secures $1B for Next-Gen AI Venture
Former Meta AI chief Yann LeCun launched Advanced Machine Intelligence with $1.03B funding to develop next-gen AI systems focused on reasoning, targeting complex industries before consumer products.
Meta (META) Shares Slide as Australia and Others Enforce Stringent Social Media Youth Bans
Australia's landmark social media ban for under-16s imposes severe restrictions on Meta’s platforms. Other countries are following with similar or stricter regulations, threatening Meta's user growth…