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12.10.26 - 23:01
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Meta Releases New AI Model Called Muse Wonder (Bloomberg)
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Meta Platforms, parent company of Facebook, has released a long-awaited artificial intelligence model called Muse Wonder. This model is said to be competitive with OpenAI's ChatGPT and Anthropic's Claude. Meta stock rose on the news. Mandeep Singh of Bloomberg Intelligence has more. (Source: Bloomberg)...
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12.10.26 - 22:39
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Meta to Announce Third Quarter 2026 Results (PR Newswire)
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MENLO PARK, Calif., Oct. 12, 2026 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ: META) announced today that the company's third quarter 2026 financial results will be released after market close on Wednesday, October 21st, 2026. Meta will host a conference call to discuss its results at......
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12.10.26 - 22:24
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The Staggering Costs of a Single Data Center, From Land to Chips (Bloomberg)
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Roughly $750 billion. That's how much Meta Platforms Inc., Amazon.com Inc., Microsoft Corp. and Google owner Alphabet Inc. are expected to devote to capital expenditures this year alone.
That's more than the entire gross domestic product of Ireland or Belgium. More than half of what all of the companies in the S&P 500 Index spent in total last year. Enough to cut a $5,500 check for every household in the US. Ian King, Bloomberg News US Semiconductor Reporter & Lynn Doan, Bloomberg News Managing Editor for Technology, join Businessweek Daily to break down the true cost of a single data center. (Source: Bloomberg)...
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