Meta Platforms Inc
- Meta's VR layoffs, studio closures underscore Zuckerberg's massive pivot to AI - Meta began laying off employees in its Reality Labs division focused on virtual reality and shut down several VR studios as it pushes resources towards AI.
- Data center REIT CEO says real estate ‘not in an oversupply state’ - Andy Power, CEO of Digital Realty says data center real estate is not oversupplied as hyperscalers like Nvidia, Amazon, Google and Meta announce more projects.
- Trump says Microsoft will make changes to ensure consumers don't pay for power used in AI buildout - President Trump said in a social media post that Microsoft will "make major changes beginning this week" to make sure Americans don't see rising energy costs.
- Apple picks Google's Gemini to run AI-powered Siri coming this year - Google's market value surpassed Apple for the first time since 2019 as it rolls out updated artificial intelligence features.
- Meta names former Trump advisor Dina Powell McCormick as president, vice chair - Powell McCormick will serve as a member of Meta's management team and will help guide its strategy and execution, the company said.
- AI memory is sold out, causing an unprecedented surge in prices - Three primary memory vendors — Micron, SK Hynix and Samsung Electronics — make up nearly the entire RAM market, and they're benefitting from this shortage.
- Meta signs nuclear energy deals to power Prometheus AI supercluster - Meta said it secured agreements with energy companies Vistra, TerraPower and Oklo, which are all working on nuclear power technologies.
- Meta faces China probe over acquisition of AI agent startup Manus - China to probe Meta's acquisition of artificial intelligence startup Manus to assess its compliance with export control laws.
- Microsoft revealed as company behind controversial data center proposal in Michigan township - Locals have concerns about water use in a township that has dealt with shortages.
- Meta delays Ray-Ban Display glasses global rollout due to inventory limits, U.S. demand - Meta CEO Mark Zuckerberg unveiled the $799 smart glasses in September.