META market intelligence
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Meta Platforms faces legal challenges as it pursues its artificial intelligence transformation
Meta teams with BlackRock to build $14b Texas AI data center
Newsmax agreed to provide Meta Platforms access to its reporting and archived digital content to support AI queries across Meta's apps and devices
Meta and BlackRock's AI collaboration presents both risks and opportunities, according to Moody's. Mkt cap ~$1.5T
Meta (META) unveils new strategic venture with Blackrock (BLK) to develop data centre in El Paso with 1GW compute capacity Mkt cap ~$1.5T
- Meta to receive a one-time distribution of around USD 1bln.
- Blackrock to fund portion of investment with USD 12.50bln debt financing.
- Deal expected to close in the coming days; capacity online in 2028.
- Meta also will provide residual value guarantees which have an aggregate threshold of approximately USD 13bln that decreases over time.
- Meta will contribute the venture land and construction-in-progress assets valued at approximately USD 2.3bln, and BlackRock will make a cash contribution of approximately USD 4.9bln.
Nvidia, Microsoft, Meta, IBM and roughly two dozen companies urged US lawmakers to avoid "premature restrictions" on open-source AI models
N. AmericaMeta is rolling out Meta AI features in select markets that let the chatbot complete certain tasks autonomously, powered by the company’s new Muse Spark 1.
Meta said Meta AI, powered by Muse Spark 1.1, can now make plans, connect to email and calendar apps, create slides and handle tasks on users' behalf
Update: Meta (META) says new features to start rolling out on July 24th in some markets in Meta AI app and Meta. Mkt cap ~$1.5T
Market reaction META Up after news See the exact price path, 1m/15m move, and volume context. Open the live tape freeThis "BOGO Strategy" Can Get You 3 Stocks at a Discount Mkt cap ~$1.5T
Market reaction META Down after news See the exact price path, 1m/15m move, and volume context. Open the live tape freeNvidia and Palantir urge the US not to ban ‘open’ AI models after China scare - FT. $NVDA $PLTR $MSFT $META Leading tech groups including Nvidia, Palantir, Microsoft and Meta have urged the US not to restrict “open-weight” AI models, as Washington threatens to target Chinese labs over fears of intellectual property theft. Mkt cap ~$5.1T
Market reaction NVDA Down after news PLTR Up after news MSFT Up after news See the exact price path, 1m/15m move, and volume context. Open the live tape freeLeading tech groups including Nvidia, Palantir, Microsoft and Meta have urged the US not to restrict “open-weight” AI models, as Washington threatens to target Chinese labs over fears of intellectual property theft.