Meta has started undoing its $2 billion acquisition of the Chinese-founded AI startup Manus, cutting off data sharing and operational ties to comply with a Chinese government divestiture order on national security grounds. Manus is moving toward independence, with its co-founders exploring raising $1 billion from outside investors to regain control, possibly forming a Chinese joint venture and listing in Hong Kong. This reflects Beijing's strict control over sensitive technology and foreign investment, as China also tightens travel and capital flow restrictions in the AI sector. Despite the separation, Manus continues to develop new AI features and expand partnerships.
The US government has ordered Anthropic to restrict access to its latest AI models, Fable 5 and Mythos 5, citing national security concerns. This move highlights a new risk for AI investors, as regulatory actions could limit market access to the most...
The Magnificent Seven—Microsoft, Apple, Alphabet, Amazon, Meta, Nvidia, and Tesla—dominate major U.S. indexes like the S&P 500 and Nasdaq-100. Investors can now choose ETFs that either concentrate solely on these tech giants, like the Roundhill Magni...
Teachers in Richland Parish, Louisiana, will receive bonuses up to $50,935, a huge increase from last year's $10,200, funded by a surge in sales-tax revenue linked to Meta's $10 billion Hyperion data center construction. The tax boost comes from a 1%...
The IPO market is seeing a shift from the traditional FAANG companies to a new group dubbed MANGOS, which includes Meta (or Microsoft), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Several of these companies are planning to go public soon, presenti...
AMD shares rose 5% following Citi's upgrade from Neutral to Buy and a price target increase to $575, highlighting underestimated GPU growth amid AI demand. AMD reported strong Q1 2026 results with 38% revenue growth and robust data center sales, driv...
