Meta Platforms is investing heavily in AI, negotiating a $10 billion, two-year AI compute deal with Anthropic to expand its AI cloud services. This move aims to create new external revenue streams beyond internal ad growth, potentially adding significant earnings per share (EPS) upside. Despite past market skepticism due to high AI spending without clear monetization, Meta's stock remains attractively valued at 18 times 2027 EPS estimates. The company's AI initiatives could further lower its price-to-earnings multiple and drive long-term growth.
OpenAI and Anthropic increased their federal lobbying spending to a record $3.17 million in Q2 2026, up 23% from Q1, as they prepare for upcoming IPOs and the midterm elections. Anthropic spent $1.97 million, surpassing Nvidia, while OpenAI spent $1....
Meta Platforms is pivoting its AI strategy from consumer models to tools for small businesses, a move praised by Rothschild & Co Redburn analysts for potentially increasing margins and growth. The firm maintained a 'Buy' rating and raised the 12-mont...
A Nikkei study reveals that five major U.S. tech companies hold $1.65 trillion in hidden debt, far exceeding their reported liabilities. This debt has grown eightfold in four years, driven by heavy investments in artificial intelligence. Meta and Ora...
Meta Platforms is entering the cloud hosting market by utilizing its underused GPU capacity amid rising rental rates. This move supports Meta's goal of building a vertically integrated AI stack and advancing agentic AI adoption. The expansion is expe...
Anthropic has received final court approval for its $1.5 billion settlement in a class action lawsuit over copyright infringement related to its AI training data. The settlement will pay $3,000 per copyrighted work to authors and publishers for about...
