Meta Platforms
Meta unveils ‘Meta Compute’ initiative to build AI infrastructure
Big Tech companies are looking to secure long-term electricity supplies as AI and data centres increase US power demand
Meta plans to cut 10% of jobs at company’s Reality Labs division
The division has roughly 15,000 employees
Meta hires ex-Trump adviser Dina Powell McCormick as president, vice-chairman
She will guide overall strategy with a particular focus on Meta’s AI infrastructure efforts
Beijing looms large over Singapore-based Manus’ deal with Meta
The swift scrutiny shows fears Manus’ sale could spur more tech stars to follow the same path
Meta signs multi-gigawatt nuclear deals for AI data centres
The agreements could end up totalling more than six gigawatts, enough to power a city of about five million homes
Big Tech spared strict rules in EU digital regulations overhaul, sources say
The tech giants will be subject only to a voluntary framework rather than binding rules
How Silicon Valley will eat its AI competitors in 2026
A loss of confidence in AI could lead to a fire-sale for startups and accelerate consolidation among Big Tech
China reviews Meta’s US$2 billion deal to buy AI startup Manus
Beijing has in recent years aggressively pushed domestic firms to develop technology to replace American software and circuitry
What is Manus, the Singapore-based AI startup acquired for US$2 billion by Meta?
The platform built by the startup can complete tasks like resume-screening, financial document analysis and stock analysis
Meta to acquire Singapore-based startup Manus, adding agents to bolster AI bet
AI agents are tools that do not need human supervision to perform specific digital tasks