Meta's Zuckerberg, SpaceX's Musk, and NVIDIA's Huang each separately persuaded President Trump to abandon a proposed federal AI oversight body that could have regulated AI model deployment. They argued the oversight would favor dominant players like OpenAI and Google, limiting competition. All three CEOs highlighted their massive investments in AI infrastructure, with Meta, SpaceX, and NVIDIA reporting strong revenue growth tied to AI. The move signals continued rapid AI development with less federal regulation, while industry watchers await White House advisor David Sacks' influence on future AI policy.
The coordinated call by Zuckerberg, Musk, and Huang to oppose AI regulation highlights the ongoing influence of tech giants in shaping policy. On Pluang as of Sep 17, 2026 23:15 WIB, Meta trades at USD 678.40, up 0.76% for the day, while SpaceX is stronger at USD 154.49 with a 2.39% gain. Nvidia also sees a solid rise, priced at USD 218.77 and up 2.28%, reflecting investor interest in AI-driven companies amid evolving regulatory debates.
Meta has banned advertisements from ByteDance, TikTok's parent company, on Facebook and Instagram in the US, Canada, Egypt, Indonesia, Japan, Thailand, and Vietnam. This ban includes third-party ads linking to TikTok and other ByteDance properties, e...
President Trump's largest stock purchase in August was between $5 million and $25 million in Meta Platforms, made on August 21. Since then, Meta's shares jumped 31%, outperforming other tech giants like Microsoft and Alphabet. This surge reflects inv...
Jefferies found that about one-third of tested US websites block Meta's AI agent Muse, which aims to perform agentic commerce by browsing and buying online for consumers. This blocking delays Meta's potential revenue from transaction fees, as many si...
Wells Fargo raised Meta's price target to $1,000, highlighting strong revenue growth driven by AI innovations like Meta Business Agents and Advantage Plus. Despite 28% revenue growth, Meta's stock has been stagnant due to rising costs and legal charg...
CoreWeave, a company renting AI computing power, reported Q2 2026 revenue of $2.58 billion, up 112% year-over-year, with a backlog of $104 billion including major contracts from Meta and others. Despite a high debt-to-equity ratio of 8.94 and rising ...
