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HISTORICAL FACTS: 36 | History Defined

Jio Platforms replaces CEO Kiran Thomas with Pankaj Pawar ahead of IPO

Jio Platforms has appointed Pankaj Pawar as its new chief executive officer. This leadership change occurs ahead of the company's planned initial public offering. The company aims to raise approximately USD 4 billion through this significant stock offering. Jio Platforms seeks to unlock value from its diverse telecom and digital…

The Economic Times

Tech Executives Say AI Demand Remains Strong as Businesses Shift. 'Tokenmaxxing' Has Given Way To 'Valuemaxxing'

Leaders in the AI industry argue that investors are becoming more strategic about where they deploy AI and how they measure its return on investment after recent volatility in semiconductor stocks.

International Business Times

Meta Just Undercut OpenAI and Anthropic by 75%: JPMorgan Says It's More Than a Price Cut

For years, Meta Platforms, Inc. (NASDAQ:META) spent billions building AI models for its own products. Now, it’s taking its first real shot at turning those models into a standalone business. And it’s doing so with a pricing strategy that could shake up the AI industry.

Benzinga

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Big Tech Layoffs Explode To 80,000 As Experts Accuse CEOs Of Using AI As A Scapegoat

Big Tech firms cut over 80,000 jobs in Q1 2026, with AI often cited as the cause. However, deeper issues like pandemic overhiring and rising borrowing costs may be the real drivers.

International Business Times UK

AMD Is Following Nvidia’s Playbook. Here’s Why Investors Should Pay Attention.

AMD's latest partnership isn't about selling more chips today. It's about competing with Nvidia by helping build the AI factories of tomorrow.

Barchart

Samsung’s smart glasses are coming for Meta – here’s everything to know

The Independent UK

Meta expands colossal Hyperion AI supercluster plans to 5GW, pushes Louisiana investment past $50 billion as AI race accelerates — says it plans to invest over $1 billion in local infrastructure improvements

Meta is expanding Hyperion from 2 GW to 5 GW, lifting its Louisiana investment above $50 billion as it races to secure more AI computing capacity.

Tom’s Hardware

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Mark Zuckerberg’s Meta Just Supercharged Its Biggest AI Bet Yet, Expanding Its Hyperion Data Center Into a $50 Billion-Plus Project

Meta Platforms Inc. (NASDAQ:META) has significantly ramped up its investment in the Hyperion data center project in Louisiana. The project’s cost now surpasses a whopping $50 billion.

Benzinga

I tested Meta's new AI image generator against ChatGPT and Nano Banana 2 using the same 5 prompts — and the winner surprised me

In my battle of image generators, some models understood the assignment better than others.

TechRadar

Meta expands Louisiana data center to 5 gigawatts compute capacity

Meta plans a significant expansion of its Louisiana data center to five gigawatts. This major investment will support the company's growing artificial intelligence ambitions. Local businesses have already secured over $1.6 billion in contracts from Meta's project. The company is investing over $1 billion in local infrastructure improvements. Meta is…

The Economic Times

Meta Killed Its Creepy AI Photo-Cloning Tool But Instagram Users Still Cannot Block Some Data Use

Meta has withdrawn its AI image tool following privacy concerns and backlash led by a Hollywood union, highlighting the risks of automatic enrolment and synthetic image creation from public profiles.

International Business Times UK

Meta reply to Government notice on CSAM ads received; appropriate action after examination: IT Secretary

Meity has received Meta's response regarding child sexual abuse material ads. The IT Ministry is currently examining the company's detailed explanation. Meta previously outlined its AI-powered efforts to combat such harmful content. The government had issued a stern notice demanding immediate action on Instagram. Appropriate measures will be decided after…

The Economic Times

Meta's reply over child sexual abuse material notice is under review: IT Secretary

Meta's response to a government notice regarding child sexual abuse material ads has been received. The Ministry of Electronics and Information Technology is currently examining the company's reply. Instagram was previously ordered to disable all ads promoting access to CSEAM. Meta has outlined its efforts to combat child sexual abuse…

The Economic Times

How can the EU make sure you don’t run out of green energy? Ask the Euronews AI chatbot

Europe signed an agreement to expand its energy storage capacity to improve energy security and keep prices competitive for citizens and industries. But what does the agreement cover? Ask the Euronews AI chatbot.

Euronews

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The Independent UK

The Kardashians have revealed themselves as undercover tech bros – are we all doomed?

LET’S UNPACK THAT: As Kylie Jenner jumps aboard the smart glasses train with her own Meta collaboration, Lydia Spencer-Elliott speaks to ethics researchers about what the popularisation of this wearable technology will do to our self-esteem and social lives

The Economic Times

Meta to put AI chip into production in September as it looks to double computing capacity

The tech firm's data center chip, code-named "Iris," is part of a four-generation project for Meta Training and Inference Accelerators (MTIA) that it will design in-house. The plan is to use custom-built silicon to improve the AI that powers its Facebook and Instagram social media platforms.

Barchart

Meta Has Raised Its AI Game. The Stock Should Continue to Rise In 2026.

Meta Platforms has been announcing a flurry of AI initiatives that would help it monetize its capex. META stock can rise further in 2026 as the company raises its game in AI.

Fortune

Peter Thiel and other tech billionaires are publicly shielding their children from the products that made them rich

As governments race to restrict minors’ social media use, the tech billionaires who built the platforms are imposing strict screen limits at home.

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The Independent UK

Meta pulls plug on controversial AI access to photos on public Instagram pages after backlash

‘We’ve heard the feedback that this feature missed the mark, so it’s no longer available’

MarketBeat

MarketBeat Week in Review – 07/06 - 07/10

MarketBeat recaps the week's top stories, covering SK Hynix's debut, AI stock rotation, earnings from D.R. Horton, and analysis of Palantir, Microsoft, Meta, Broadcom, Rivian, ASML, and Circle.

Fortune

Meta added a privacy-safety feature to its AI glasses but is reportedly testing a ‘super-sensing’ prototype

Meta's new feature disables its smart glasses' camera if users tamper with the LED recording light.

Tom’s Guide

These camera-less smart glasses are a great anti-Meta alternative, but the AI still wants to record your life

Most smart glasses makers are doubling down on cameras. XGIMI went the other way, and that's exactly why these smart glasses are worth paying attention to.

International Business Times

Meta's Muse AI Sparks Privacy Concerns After Public Instagram Photos Are Opted In Automatically

Meta's Muse AI tool faces criticism for using public Instagram photos without explicit consent, sparking privacy concerns. Users must manually opt out, and critics call for stronger consent rules.

Marie Claire

AI Edited My Face Without Asking. At First I Laughed It Off—Then I Started Seeing Myself Differently

As Meta's latest AI rollout sparks backlash over who can generate our images, I realised something even more disturbing: AI had already decided what a "better" version of me looked like.

The Economic Times

Meta announces $9.17 billion Canada AI data center that will consume electricity equal to 800,000 homes

Meta will invest C$13 billion to build its first Canadian AI data center in Alberta. This massive facility will require electricity equivalent to 800,000 homes. The company plans to offset energy use with renewable projects and minimize water consumption. Alberta's affordable energy and colder climate made it an attractive location…

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