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MYSTERIOUS: 22 | Mind Blowing Facts

Trump advisers tell AI firms they will not safety-test open-weight models

Open models, including Nvidia's Nemotron and Meta's Llama, are AI systems with publicly accessible core components. Closed models are controlled by specific companies. Major U.S. developers of closed models are OpenAI, Google ‌and Anthropic.

The Economic Times

White House won’t publicly release AI model evaluation framework it reviewed today with Meta, Nvidia, Microsoft, OpenAI, Anthropic, variety of smaller companies

It’s unclear why the administration is keeping the framework under wraps, especially following a series of hacks from OpenAI and Anthropic that have spooked the public.

Fortune

Budget Meta Ray-Ban alternatives are selling out in stores — but please don’t buy them

There are too many reasons you shouldn’t buy cheap Meta Ray-Ban alternatives.

TechRadar

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Amazon Stock: 1 Number Makes the AI Spending Look Far Less Risky

Amazon finally explained the math behind its AI spending.

Barchart

WhatsApp Photos Not Sending? A Morning Fix Arrived, but Meta Still Will Not Explain Why

WhatsApp photos stopped sending in an overnight outage. The issue was fixed by morning, but Meta has not explained what caused it.

International Business Times UK

India’s ruling BJP loses byelection in stronghold after Cockroach student protests

Opposition parties say nationwide protests that forced resignation of education secretary are beginning to dent BJP support

The Guardian - UK

After Meta reply to its notice, Child protection panel to probe alleged violation of rules concerning sexual content

Amid growing concerns highlighted in a BBC Eye report, the NCPCR will begin an inquiry into the contested CSEAM ads. Meta responded to the associated allegations last week. Furthermore, the NHRC has ordered the Delhi Police to investigate similar advertisements on Instagram. These inquiries aim to uphold child protection laws…

The Economic Times

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Elon Musk’s X latest to block Saudi dissident accounts inside kingdom

Exclusive: More than 60 accounts on X have been made unavailable in Saudi Arabia, after similar action on Snapchat and Facebook

The Guardian - UK

Meta Platforms Stock Could Be Signaling a Quick Pop Above $600

Based on an inductive analysis of past analogs, META stock may present a bullish opportunity for intrepid speculators.

Barchart

Meta cut 8,000 jobs. CEO Mark Zuckerberg says AI is creating more work—but not inside Meta

Meta's chief executive states artificial intelligence generates jobs via infrastructure demands. Thousands of corporate roles disappeared while construction jobs are emerging. The company plans significant investments in AI infrastructure for future growth. This expansion requires extensive data centers and specialized construction labor. Many employees faced layoffs during Meta's AI-focused restructuring.

The Economic Times

People are mysteriously disappearing off WhatsApp

Meta-owned messaging app says it will try to fix problem deletions as ‘as quickly as possible’

The Independent UK

Mark Zuckerberg's wife Priscilla Chan invested $125 mn in a school for poor kids. Now she is shutting it down to invest in AI

A free school for underprivileged children will close after the 2025-26 academic year. The Chan Zuckerberg Initiative is redirecting funds towards artificial intelligence and research. This decision impacts approximately 540 students who relied on its comprehensive services. The school demonstrated strong academic performance and provided essential health support. Families are…

The Economic Times

WhatsApp down: App stops sending photos in major outage

The Meta-owned app says it has more than three billion users globally

The Independent UK

Amazon CEO Andy Jassy's AI Spending Pitch Won Wall Street Over, Jim Cramer Says— While Meta and Alphabet Are Still Struggling to Explain Theirs: 'The Same Numbers...'

CNBC’s Jim Cramer said Monday that Amazon.Com Inc (NASDAQ:AMZN) CEO Andy Jassy’s explanation of the company’s artificial intelligence (AI) spending during its latest earnings call changed how Wall Street views Big Tech’s multibillion-dollar AI investments.

Benzinga

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The Economic Times

India summons Meta global team on Aug 5-6 over PM Modi post, CSAM concern

India's government will meet Meta's global team on August 5 and 6. Officials will question the company regarding child abuse material and account safeguards. The meeting follows a temporary restriction of Prime Minister Modi's Facebook post. Meta representatives offered an apology for the Prime Minister's post incident. The government seeks…

Fortune

The AI race isn’t about models, it’s about infrastructure—and the U.S. is still far ahead

So long as the U.S. controls the underlying infrastructure that enables AI ecosystems, it will stay dominant.

The Economic Times

Meta, Anthropic, Google, OpenAI to meet Trump officials about AI safety testing

Meta, Anthropic, Google, OpenAI will meet White House officials this week. They will discuss voluntary government safety tests for advanced AI models. This comes after recent incidents where AI tools breached other companies' systems. State attorneys general are also investigating OpenAI's AI system escape. Lawmakers are seeking briefings on these…

The Economic Times

TikTok settling three teen social media lawsuits ahead of trial

TikTok has agreed to settle three lawsuits concerning addictive platform designs. Young plaintiffs alleged social media platforms harmed their mental health and well-being. These cases are part of thousands consolidated in California state court. Claims against Meta, Google's YouTube, and Snap's Snapchat will continue. Attorneys are using these bellwether trials…

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International Business Times UK

'China Controls 99%': Jeff Bezos Backs $2.6bn AI Startup as Chipmakers Face Gallium Shortage

Jeff Bezos has invested in Cambridge start-up CuspAI, a $2.6 billion AI firm working with Nvidia and Meta to tackle looming shortages of critical chip materials such as gallium.

Valve's Steam Frame price leaks and I don't think Meta has much to worry about

A report suggests the Steam Frame is imminent, although you might not like the price

Benzinga

Amazon, Alphabet Lead 'AI Debt Tsunami' Now Blamed for 20-Year-High Rates

Long-term interest rates have climbed to their highest levels in two decades, and hyperscaler debt issuance is emerging as a key culprit.

The Guardian - AU

Kmart sells out of low-cost rival to Meta camera glasses across Australia amid warnings of ‘privacy nightmare’

Expert says people face being filmed without their consent as $89 Anko smartglasses sell out in stores and online

The Economic Times

Mark Zuckerberg should apologise for removal of PM Modi's video from Facebook: IT panel chief Nishikant Dubey

A parliamentary panel demanded an apology from Meta's Mark Zuckerberg for removing Prime Minister Modi's video. Members also sought legal action and accountability for the platform's actions. Meta officials expressed regret and offered an apology for the incident. The panel questioned Meta about algorithmic bias and content moderation practices. They…

Barchart

Surging Short Interest in SpaceX Stock Sends Strong Signal to Wall Street

SpaceX's short interest has jumped to $24.6 billion ahead of earnings and a massive share unlock. Here is what it means for investors.

Barchart

Meta Stock Just Got Hammered, But the Bull Case Is Getting Harder to Ignore

Meta delivered strong revenue and advertising growth, but soaring expenses and a sharp drop in free cash flow have investors questioning its massive AI spending plans.

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