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UNBELIEVABLE: 4 - Caught on Camera

'AI Decided Who Got Fired': Meta Sued Over Claims AI Selected Workers on Maternity and Medical Leave for Layoffs

Twenty-six former Meta employees allege AI tools unfairly targeted disabled workers for layoffs, filing a lawsuit claiming discrimination and seeking to halt the process while arbitration proceeds.

International Business Times UK

Meta sued over claims AI penalized workers who took maternity leave

A group of 26 Meta employees has sued the company, claiming it used artificial intelligence systems that disproportionately targeted those on medical or family leave for layoffs

The Independent UK

Book publishers sue Google for copyright infringement over Gemini AI training

Group of major publishers accuses the tech giant of ‘one of the most prolific infringements of copyrighted materials in history’

The Guardian - UK

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Meta says it will spend an extra $40 billion on its nearly 4,000-acre data center campus in Louisiana in its quest for more compute power

Meta mega campus covers 4,000 acres and will require 10 methane-burning gas turbine plants to power the data center, which is set to use three times more electricity than New Orleans.

TechRadar

Meta Has Fired Thousands Of Employees. A New Lawsuit Accuses It Of Using AI To target Workers With Medical Conditions

More than two dozen workers of Meta have sued the company over the alleged use of AI to target workers with medical conditions for layoffs as it sheds thousands of jobs.

International Business Times

The UK wants to catch up in the global AI race – but is too wary to go all-in

UK fears a ‘triple whammy’: oversized investment in AI stocks, slower adoption of AI than predicted and the breakneck pace of AI’s development

The Guardian - US

Meta Platforms Is Moving Closer to Controlling Its AI Supply Chain. Here’s What the Company Is Planning.

Meta Platforms (META) is moving another step closer to building its AI future on its own technology. According to a recent Reuters report, the company plans to begin production of its custom AI chip named “Iris” beginning in September. The chip is expected to support Meta’s growing AI ambitions as...

Barchart

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New York bans data center permits for one year: 'As data center development threatens ⁠to hike up utility bills... it's my responsibility...'

New York bans data centers: In a groundbreaking decision, New York has imposed a one-year halt on new large data center constructions. Citing environmental concerns and energy consumption, Governor Kathy Hochul has set a significant precedent across the United States. The state will evaluate the environmental implications of data centers…

The Times of India

Meta Stock Just Surged 21% in 3 Weeks: Shay Boloor Calls It the 'Market's Latest Darling'

Meta Platforms Inc. (NASDAQ:META) has officially transformed from a cautionary tale of extreme capital expenditure into the “market’s latest darling,” following a rapid 20.97% stock rally in roughly three weeks, driven by a radical shift in how Wall Street values the tech giant’s artificial intelligence infrastructure.

Benzinga

Government says social media platforms must follow SOPs on child abuse material

Social media platforms must follow child abuse material reporting standards. Timely reporting and law enforcement coordination are key responsibilities. The government is examining Meta's response to Instagram ad concerns. Officials stated platform compliance with detection and reporting obligations is crucial. Future actions will be decided after assessing Meta's reply.

The Economic Times

Meta halts Instagram AI image feature after fierce backlash

Meta has suspended its new "Muse Image" AI feature on Instagram, just three days after its debut, following intense global backlash from users, industry bodies and privacy advocates over a system that allows anyone to generate images of other people without their explicit consent.

Bangkok Post

Major platforms have the tools to stop sexual extortion, but they’re not using them – new report

It begins with a follow request. An 18-year-old male accepts one on Instagram from an attractive female stranger. She likes his posts, messages him first, friendly, flattering, quick to move the chat to a messaging app.

The Conversation

Brussels Moves to Force Meta and TikTok to Redesign 'Addictive' Apps Amid EU Child Safety Law

The European Commission is urging Meta and TikTok to alter addictive features on their platforms, as part of a broader EU initiative to regulate children's access to social media.

International Business Times UK

Meta and xAI Just Strengthened Nvidia's AI Moat, Portfolio Manager Says

As investors debate whether custom AI chips will eventually chip away at Nvidia Corp.’s (NASDAQ:NVDA) dominance, Gabelli Funds portfolio manager John Belton says the latest releases from Meta Platforms Inc. (NASDAQ:META) and Space Exploration Technologies Corp‘s (NASDAQ:SPCX) xAI suggest the chipmaker’s competitive moat remains firmly intact.

Benzinga

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MarketBeat

Meta Platforms Stock Rises as Muse Spark 1.1 AI Model Debuts

Meta Platforms stock is rallying as its new Muse Spark 1.1 AI model shows improved intelligence scores and marks Meta's first push to monetize AI models via per-token pricing.

International Business Times

Meta Has Been Looking to Expand Its AI Capabilities. It Has Now Announced Plans on Invest $50 Billion on a New Data Center.

Meta is dramatically expanding its largest artificial intelligence infrastructure project, increasing the planned investment in its Hyperion data center in rural Louisiana to more than $50 billion.

The Times of India

Ex-Meta techie wraps up 14 years of life in US after layoff, says he's tired of immigration clock

A former techie at Meta who got laid off in the latest round of firing that happened in May said he had to make the hard decision of leaving the US, the country where he built a life for 14 years, as the immigration clock is ticking. Sridhar Vanka, who…

Android Central

Meta pulls Muse Image AI from Instagram following huge privacy uproar

Meta responds to user unrest over Muse Image by removing the AI from Instagram, as an uproar over a lack of privacy quickly surfaced.

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Fortune

Meta's AI data center cost went from $10 billion to $50 billion in under 2 years—and split the town in two

The Hyperion supercluster has quintupled in cost since 2024. Meta says it's covering its own power costs, but critics warn locals could pay anyway.

The Independent UK

10 ways to use AI glasses while sightseeing

There’s a new travel essential worth packing on your next trip

Digital Camera World

I can’t stop hearing “AI is inevitable” – but Instagram’s rapid removal of a controversial AI tool is proof that human voices still have power

Score one for the artists: Meta admits this controversial AI tool that stole faces and styles from Instagram “missed the mark”

Barchart

A New Report Says Meta Platforms Could Overtake Google AI. How to Play META Stock Here.

Meta’s shares gained after SemiAnalysis predicted the company could leapfrog Google’s AI capabilities within months. How should investors position themselves in META stock?

The Economic Times

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…

International Business 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.

Benzinga

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.

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Alexandria OcasioCortez

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