Meta is testing StoryKit, an AI-powered app that generates personalized children's stories with custom characters, settings, and moral lessons. The app allows parents to create stories by snapping photos of toys or people to bring characters to life and choosing values like kindness or courage to include. Meta emphasizes safety with AI filters and no social features, targeting users over 18. While the app aims to ease storytelling for busy parents, it raises questions about replacing human creativity and connection with AI-generated content.
The Roundhill Magnificent Seven ETF (MAGS) provides equal-weight exposure to seven leading mega-cap tech stocks: Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta, and Tesla. Since its April 2023 launch, it has attracted $3.5 billion, reflecting stron...
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...
