Meta faces a lawsuit from major academic and entertainment publishers accusing it of illegally using copyrighted books and scientific articles to train its Llama AI models. Publishers like McGraw-Hill and Elsevier claim Meta pirated their materials without permission, with CEO Mark Zuckerberg personally implicated. The case highlights ongoing legal battles over AI training data and copyright, focusing on whether AI-generated content harms human authors' market. Meta plans to aggressively defend the lawsuit, citing fair use precedents, but the outcome remains uncertain as courts weigh the impact on authors' rights and markets.
The smart glasses industry, long struggling with bulky designs and poor software, is showing signs of progress. Xreal, a partner of Google, is preparing to launch its latest model, Aura, which features OLED displays and immersive apps like VR YouTube...
The ERShares Private-Public Crossover ETF (XOVR) trades down 5% year-to-date near $19.08, despite strong gains in its public AI mega-cap holdings like Alphabet and NVIDIA. This divergence stems from its unique mix of late-stage private growth assets,...
Meta Platforms reported a strong Q1 2026 earnings beat with revenue up 33% to $56.3 billion and EPS of $10.44 versus estimates of $6.66. Despite this, shares dropped due to increased expenses, including a $4 billion loss in Reality Labs and higher ca...
Meta Platforms' stock has fallen over 6% in 2026 despite strong Q1 results showing 33% revenue growth to $56.31 billion and 3.56 billion daily active users. The stock dropped after Meta raised its full-year capital expenditure guidance to $125-$145 b...
Nvidia's recent earnings reveal an unusual trend: older GPUs like the three-year-old A100 and the newer H100 are increasing in rental price due to soaring AI infrastructure demand. This contradicts the typical semiconductor cycle where older chips de...
