Meta plans to fund 10 natural gas power plants in Louisiana to supply electricity for its $27 billion Hyperion AI data center, which will consume as much power as the state of South Dakota. This move contradicts Meta's usual focus on renewable energy and sustainability, as the plants will emit 12.4 million metric tons of CO2 annually—50% more than Meta's entire 2024 carbon footprint. The environmental impact is worsened by methane leaks from natural gas supply chains, which are highly potent greenhouse gases. Meta has not addressed methane emissions in its sustainability reports, raising questions about its climate commitments and the need for increased carbon offsets moving forward.
Meta now notifies parents if their teen talks about suicide or self-harm with its AI chatbot and is developing a feature to contact emergency services if risk is detected. This move addresses concerns about AI chatbots handling crisis conversations, ...
Meta Platforms has been upgraded to a buy rating due to its new cloud business, which is expected to stabilize cash flow and improve profitability. Despite heavy capital expenditures, Meta maintains strong free cash flow margins and operational effic...
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Meta Platforms faces a lawsuit from 26 employees alleging the company used AI tools and automated metrics to select workers for layoffs, disproportionately affecting those on medical, parental, or family leave. The lawsuit claims Meta's AI-driven per...
TappAlpha introduced the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN), which offers exposure to the Cboe Magnificent 10 Index featuring leading tech companies like Nvidia, Microsoft, and Apple. This ETF applies TappAlpha's options-b...
