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The Latest Breaking News from Meta

Meta, Microsoft And Google Are Unleashing A $250 Billion AI Tsunami

The AI revolution is officially a $240 billion spending spree. Meta Platforms Inc (NASDAQ:META), Microsoft Corp (NASDAQ:MSFT) and Alphabet Inc‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google are pouring unprecedented capital into AI infrastructure, igniting what Wedbush analyst Dan Ives calls a “watershed moment” for technology.

Benzinga

Voices: Can Mark Zuckerberg really be trusted to oversee the AI revolution?

COMMENT: As Meta's profits get supercharged by artificial intelligence, Facebook looks destined to be at the forefront of this exciting new tech frontier – but politicians should be guarding against worshipping at the altar of the tech bros, says James Moore

The Independent UK

Indigenous Kenyans forced off ancestral lands in name of conservation: NGOs

Indigenous communities in northern Kenya are being pushed off their land to make way for wildlife reserves, human rights groups say. They accuse conservation groups of using tourism and carbon offset schemes to justify evictions and violence.

Radio France Internationale

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Meta Blasts Up 11% on Q2 Results—The AI Train Keeps Chugging

Meta Platforms obliterated Wall Street's expectations in Q2, sending shares up over 10%. The tech stock continues to be one of the best AI plays in the market.

MarketBeat

Meta's mixed reality glasses make my Meta Quest 3 look like a boulder

Meta’s newly published research gives us a glimpse at its future XR plans: it wants to make ultra-slim XR goggles.

TechRadar

Artificial superintelligence is 'now in sight' according to Mark Zuckerberg and it's going to be really great, but only if it comes from Meta

And a bunch of other slightly unnerving stuff. It's El Zuck, after all.

PC Gamer

Meta's AI Isn't Just Smart — It's Paying The Bills

Meta Platforms Inc (NASDAQ:META) just dropped a blowout second quarter — but the real headline isn't the numbers, it's the algorithm. According to JPMorgan's Doug Anmuth, Meta's AI isn't just writing code or generating Llama buzz. It's quietly monetizing user attention and paying for the next leap: Superintelligence.

Benzinga

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Meta Platforms Stock Is Moving Higher Today: What's Going On?

Meta Platforms Inc (NASDAQ:META) shares are moving higher Thursday after the company reported better-than-expected financial results for the second quarter and issued strong guidance.

Benzinga

Mark Zuckerberg says Meta needs to be ‘careful about what we choose to open-source,’ citing fresh risks from superintelligence

Zuckerberg makes a case for a type of “personal superintelligence” that people can use to achieve their individual goals.

Fortune

Samsung's smartphone success stood out even as Q2 profits take a 55% hit

Samsung's phones were a hit, managing to thrive while the company's Q2 profit fell by more than half.

Android Central

Microsoft, Meta Stocks Add $440 Billion In A Day—Nearly Matching Netflix's Entire $503 Billion Market Cap

Microsoft Corp. (NASDAQ:MSFT) and Meta Platforms Inc. (NASDAQ:META) added over $400 billion in market capitalization after reporting robust earnings results on Wednesday, powered by artificial intelligence progress and roadmap, which is more than several big companies listed on the stock exchanges.

Benzinga

Zuckerberg thinks those without AI glasses will be 'at a pretty significant cognitive disadvantage,' which sounds like something the guy who wants you to buy his AI glasses would say

A transparent motive.

PC Gamer

The only ways to detect text written by ChatGPT

Several recent studies have highlighted just how difficult it is to determine whether text was generated by a human or a chatbot

The Independent UK

Meta and Microsoft add $500bn to share price value overnight: ‘Investors are screaming with joy’

One expert said the surge was the sort ‘most companies can only dream of’

The Independent UK

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Benzinga

Why Meta Platforms Shares Are Trading Higher By Around 12%; Here Are 20 Stocks Moving Premarket

Shares of Meta Platforms, Inc. (NASDAQ:META) rose sharply in pre-market trading after the company reported better-than-expected second-quarter financial results and issued third-quarter sales guidance above estimates.

TechRadar

Meta pledges to spend billions on AI infrastructure - but will this help it catch up in the AI race

Meta is pouring more cash into the AI arms race as it looks to keep up.

Benzinga

Chamath Palihapitiya Laid Out A Short Case Against Meta, Alphabet In 2020—Both Have Since Rallied Over 160%

Despite forecasting a grim future for Big Tech in mid-2020, venture capitalist Chamath Palihapitiya's short thesis on Meta Platforms Inc. (NASDAQ:META) and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) has not materialized, as both stocks have posted massive gains over the past five years.

Benzinga

Microsoft Is Paying Up To $2.4 Million For Top Tech Talent—Leaked Docs Show Amid AI Talent Arms Race

Microsoft Corp. (NASDAQ:MSFT) is paying distinguished engineers up to $2.4 million annually, according to leaked internal compensation documents, revealing the software giant’s escalating investment in top-tier technical talent amid Silicon Valley’s heated artificial intelligence hiring war.

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Barchart

Stocks Soar Before the Open on Upbeat Meta and Microsoft Results, U.S. PCE Inflation Data and More Big Tech Earnings on Tap

September S&P 500 E-Mini futures (ESU25) are up +0.97%, and September Nasdaq 100 E-Mini futures (NQU25) are up +1.30% this morning as forecast-beating quarterly results from Meta and Microsoft boosted sentiment.

The Independent UK

Meta warns its AI is showing signs of self-improving

‘The improvement is slow for now, but undeniable,’ says Mark Zuckerberg

Benzinga

Stock Market Today: S&P 500, Nasdaq To Open Higher After Robust Meta, Microsoft Earnings—Investors Await Apple, Amazon Results

U.S. stock futures rose on Thursday after ending on a mixed note on Wednesday. Futures of major benchmark indices were higher, except for the small-cap gauge Russell 2000.

Tom’s Guide

Mark Zuckerberg says AI superintelligence is 'now in sight' — here's what Meta thinks that means for you

The Meta CEO has laid out a vision for AI achieving superintelligence in the near future and says we'll interact with it through smart glasses.

Benzinga

Mark Zuckerberg Says Not Wearing Meta Ray-Ban Like AI Glasses Will Be Similar To Having Poor Vision Without Corrective Contact Lenses

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg believes smart glasses powered by artificial intelligence will become so essential that not wearing them will put users at a cognitive disadvantage—similar to living with poor eyesight and no corrective lenses.

Benzinga

Chamath Palihapitiya Weighs In On Meta's AI Ambitions As Energy Bottlenecks Emerge As The True Limiter

Venture capitalist Chamath Palihapitiya highlighted energy constraints as the primary barrier to artificial intelligence expansion, responding to concerns about Meta Platforms Inc. (NASDAQ:META) facing infrastructure bottlenecks despite massive capital expenditure plans.

Benzinga

Qualcomm Is 'Biggest Beneficiary' For Smart Glasses—Powering Designs For Meta, Oakley, Ray-Ban: 'Best One For Now,' Says Expert

Qualcomm Inc. (NASDAQ:QCOM) is emerging as the dominant force in the rapidly expanding smart glasses market, powering designs for major players including Meta, Oakley, Ray-Ban, and Xiaomi.

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