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Meta Shares Surge on Report of New AI Cloud
Business
Corporate & Industry Insights
Meta Shares Surge on Report of New AI Cloud

Shares of Meta Platforms jumped over 6% after news of its plans to launch a cloud computing service …

Updated : Jul 2, 2026, 05:51 PM IST
Meta and Anthropic Explore $10 Billion Computing Power Lease Agreement
Technology
Artificial Intelligence
Meta and Anthropic Explore $10 Billion Computing Power Lease Agreement

Meta Platforms is in discussions to lease computing power to Anthropic in a deal potentially worth $…

Updated : Jul 18, 2026, 07:53 AM IST
US Judge Allows Meta to Proceed with Layoffs Amid AI Discrimination Lawsuit
News
Crime & Law
US Judge Allows Meta to Proceed with Layoffs Amid AI Discrimination Lawsuit

A US judge has ruled that Meta can continue layoffs affecting employees who filed a lawsuit claiming…

Updated : Jul 18, 2026, 09:01 AM IST
Morgan Stanley warns AI chip rally may be running out of steam
Business
Corporate & Industry Insights
Morgan Stanley warns AI chip rally may be running out of steam

Morgan Stanley's Lisa Shalett cautions that semiconductor stocks might be overvalued as hyperscalers…

Updated : Jul 10, 2026, 09:14 PM IST
Meta to put AI chip into production in September as it looks to double computing capacity, memo shows
Business
Corporate & Industry Insights
Meta to put AI chip into production in September as it looks to double computing capacity, memo shows

Meta Platforms plans to manufacture an AI chip starting September, aiming to boost its computing pow…

Updated : Jul 10, 2026, 05:57 PM IST