Sen. Elizabeth Warren (D-Mass.) and Sen. Richard Blumenthal (D-Conn.) raised concerns over Meta Platforms Inc. CEO Mark Zuckerberg's potential stablecoin revival plans.
Meta has sued the maker of deepfake app CrushAI for running over 87,000 banned ads promoting AI-generated nudity, as pressure mounts on the company to combat non-consensual explicit content.
Larry Ellison, the co-founder and chairman of Oracle Corporation (NASDAQ: ORCL), has surpassed Jeff Bezos and Mark Zuckerberg to become the second-richest person in the world.
AMD unveiled its Helios AI server to challenge Nvidia's dominance, with OpenAI's Sam Altman confirming ChatGPT will use AMD's latest chips, signaling growing industry support for AMD's expanding role in AI infrastructure.
Scale AI did not disclose the investment size, but a Wall Street Journal report said earlier this week that Meta could be eyeing a 49% stake, valued at around $14 billion.
Meta has taken a minority stake in Scale AI at a $29 billion valuation, appointing former Uber Eats chief Jason Droege as interim CEO as founder Alexandr Wang joins Meta's internal AI team.
Markets Trump targeted with tariffs — Mexico, China, Canada, Europe — surged past the S&P 500. Weak dollar, fiscal risks reshape views on U.S. exceptionalism.
Despite offering salaries in millions annually, Meta Platforms Inc. (NASDAQ: META) is witnessing a talent drain in its AI division, with employees migrating to competitors OpenAI and Anthropic amid the rising demand for AI expertise.
Meta and TikTok are challenging the EU's Digital Services Act supervisory fees, claiming the fee calculations are flawed, disproportionately high, and unfairly inflate their charges based on incorrect user counts.
