Meta is negotiating with AI startup Anthropic to rent computing power from its AI data centers in a deal that could reach $10 billion over two years. Anthropic proposed the deal in June and would pay Meta monthly, with both companies able to exit early. This deal, if finalized, would mark a new AI business line for Meta and help offset investor concerns over its heavy spending on AI data centers, which is expected to reach $145 billion this year. The talks are still in early stages and may not result in a deal.
Meta Platforms announced a quarterly cash dividend of $0.525 per share for its Class A and Class B common stock. The dividend will be paid on September 28, 2026, to shareholders recorded by September 21, 2026. This move reflects Meta's ongoing commit...
Meta's stock surged 6.55%, adding about $100 billion in market value after strong early interest in its new AI agent, Muse, which can access users' inboxes, calendars, and payments. However, hours later, San Francisco's city attorney issued a cease-a...
Treasury yields surged to their highest levels since 2008, driven by global rate hikes and persistent wholesale energy inflation, with the 10-year yield reaching 4.93%. The European Central Bank raised rates amid commodity pressures, and U.S. wholesa...
Google has signed a long-term contract to buy half the output of Finland's Loviisa nuclear power plant through 2049, locking in stable, low-carbon electricity costs for its AI infrastructure. This deal turns a volatile expense—wholesale electricity—i...
Meta Platforms is making significant investments in AI infrastructure, aiming to sell compute capacity in a market with limited supply. Its commitments to computing resources far exceed its internal needs, indicating a strategic plan to compete with ...
