Meta · Thu 5 Nov

Meta develops open source artificial intelligence models, foundational large language systems, and mixed reality hardware used across consumer and enterprise applications. Truncated covers its infrastructure investments, research releases, developer tooling and corporate strategy.

Thursday 5 November

Tech Billionaires Face Tricky Political Waters After Democratic Midterm Sweep

AI-generated summary Readers viewing a preview of the article can see that tech executives such as Jensen Huang of Nvidia, Elon Musk of Tesla and SpaceX, and Mark Zuckerberg of Meta previously met with President Trump. Democrats will soon control Congress and prominent state governments after a midterm sweep, placing some tech executives in a trickier position regarding their political alignment.

Also covered by Fast Company The San Francisco Standard bloomberg.com
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Big Tech’s big AI buildout will not end until someone stops it

Graphic image of a data center.

AI-generated summary Amazon, Microsoft, Alphabet, and Meta announced plans to spend at least $720 billion on capital expenditures this year alone, with most funds directed toward artificial intelligence infrastructure. The spending plans triggered a sharp selloff in tech stocks as investors question when they might expect to see a return on investment from artificial intelligence.

Also covered by Bloomberg ft.com Tech Policy Press