Meta has discontinued its new AI feature, Muse Image, which allowed users to generate images using photos from public Instagram accounts. The tool faced immediate criticism for privacy concerns, as it was automatically enabled without explicit user consent. High-profile voices, including actor Hannah Einbinder and the SAG-AFTRA union, condemned the feature for its potential misuse of users' images. Meta acknowledged the feedback and removed the feature, highlighting growing demands for clearer user control over AI use of public content.
Meta agreed to pay up to $18 billion and implement child safety measures in a settlement with attorneys general from 29 states. The deal includes a unique clause where states will not sue Meta under existing child safety laws for using children's dat...
In Q2 2026, Alphabet and Meta both reported strong revenue growth, with Alphabet reaching $119.8 billion and Meta $60.8 billion. Alphabet's AI and cloud services drove a 34% operating margin and an 82% increase in Google Cloud revenue, showing robust...
Nvidia is enhancing its hardware support for Chinese AI models like DeepSeek and Alibaba's Qwen to stay competitive against domestic chipmakers and maintain its lead in AI infrastructure. This move comes as US lawmakers grow concerned about the risin...
Palo Alto Networks CEO Nikesh Arora predicts a collapse in most AI cloud companies once GPU scarcity ends but identifies Nebius as a rare 'neoscaler' with durable advantages. Nebius boasts $575 million in AI cloud revenue, a 50% adjusted EBITDA margi...
S&P Global Ratings reports that the six largest hyperscalers, including Alphabet and Amazon, will spend over $1.3 trillion on AI infrastructure by 2027. These companies are expected to have negative free operating cash flow in 2026 and 2027, with rec...
