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

Dina Powell McCormick will help build and maintain strategic capital partnerships, which Meta will rely on to fund massive data centre projects and propel its artificial intelligence efforts.

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’s swift scrutiny reflects worries that Manus’ high-profile sale might prompt more of the country’s tech stars to chase the same path.

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 will purchase electricity from three existing Vistra plants and support several small reactors.

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

A slew of new tech rules adopted in recent years by the European Commission sparked criticism from the United States which says it targets US tech giants.

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

Nvidia's US$20 billion “non-exclusive licensing arrangement” with Groq sounds like an outright purchase, but is more of a backdoor acquisition aimed at dodging an antitrust review, says the writer.

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

The startup has focused on international markets almost from the outset, and its product has never been available in its own country of origin.

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

Launched in March, the Manus platform was touted as the world’s first general AI agent.
BT EXPLAINS

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

Manus sells an AI agent to businesses via a subscription service.

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