Meta company headlines, earnings, strategy, leadership, and market-moving business updates.
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Crusoe, the energy-driven data center builder that sold its Bitcoin mining business last year, is reportedly in talks to raise fresh capital at a sharply higher valuation as customers such as Meta seek more AI compute capacity.
THE APEX TIMES
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The companies say Qualcomm will provide future data-center processors to power Meta’s expanding AI and infrastructure, with production planned to begin later in the decade. Financial terms and performance specifics were not disclosed in the initial reporting.
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A market report says Meta is preparing to spend $6.5 billion to speed up the infrastructure behind its cloud and artificial intelligence plans, underscoring how data-center power and compute access have become strategic battlegrounds.
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Meta shares have struggled in 2026, and the company’s latest warning around its artificial intelligence ambition arrives with earnings approaching.
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Meta CEO Mark Zuckerberg acknowledged in an internal town hall that the company’s AI-focused reorganization and AI agent development have not progressed as quickly as leadership expected, even as the company continues to spend heavily on artificial intelligence.
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India’s technology ministry has questioned WhatsApp’s new username feature, warning it could increase phishing and “digital arrest” scams. Meta says it has safeguards in place, but the dispute underscores how platform identity changes can trigger regulatory scrutiny.
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The social media giant is indicating a major shift from capital-light operations toward large-scale compute and infrastructure spending, with executives tying the build-out to improvements in advertising performance.
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In fresh comments reported by Yahoo Finance, Meta CEO Mark Zuckerberg said the company’s AI results are lagging internal expectations, a shift that could reshape how investors think about when artificial intelligence spending translates into revenue.
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Reports say Meta is in advanced talks to secure a large AI chip manufacturing contract with Samsung Foundry, in a deal discussed at up to $6.5 billion.
