Meta · Fri 13 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.

Today · Fri 13 Nov

A lawsuit could force OpenAI, Anthropic and Google to stop building new AI models — here's what happens next

AI-generated summary A lawsuit filed in San Francisco Superior Court targets OpenAI, Anthropic, Google, Meta, and SpaceXSI over concerns regarding safety and safeguards. The complaint alleges violations of California law and seeks to prevent the companies from developing or deploying new artificial intelligence models.

Also covered by CBS News Bloomberg Law AI

The Fight Against Big Tech’s AI Takeover Must Continue Past the Midterms

A sign opposing a data center development projects stands in a neighborhood on September 24, 2026, in Menomonie, Wisconsin.

AI-generated summary Donald Trump took office for his second inauguration in January 2025 while Big Tech companies led by Elon Musk, Jeff Bezos, and Mark Zuckerberg accumulated more profits and political power than ever before. OpenAI, Meta, and Anthropic have sought to impose artificial intelligence technology onto United communities as masses of Americans challenge AI data centers, Flock cameras, and industry narratives.

Earlier: Big Tech’s big AI buildout will not end until someone stops it

Investors increasingly nervous over AI bubble

AI-generated summary Investors voiced growing worry regarding potential market outcomes surrounding artificial intelligence while Alphabet, Meta, and Oracle issued or planned new bonds amid rising interest rates. Institutional investors urged Anthropic to lower its initial public offering valuation target as the company expects to spend nearly nine hundred billion dollars on infrastructure.

Earlier: Meta (META) euro and dollar bond sale: what it owes

Three warning signs the tech selloff isn't over as Wall Street sentiment hangs by a thread

AI-generated summary Wall Street sentiment is facing pressure as concerns over artificial intelligence spending grow among investors. Semiconductor stocks have declined significantly while companies like Amazon, Alphabet, and Meta continue to invest heavily in artificial intelligence infrastructure.

Earlier: These tech stocks got unfairly swept up in last week’s selloff, analysts say · Tech stocks are suffering their biggest selloff since Covid, as investors see premature end to AI datacenter boom

S&P's negative outlook on Meta underscores the risks of the AI spending boom

The Meta headquarters in Menlo Park, California, US.

AI-generated summary S&P Global revised its outlook on Meta to negative from stable while affirming the company credit rating at AA-. Meta says its artificial intelligence investments are already delivering stronger engagement and greater returns for businesses.

Earlier: AI boom hits a wall on Wall Street as OpenAI cuts fundraising target while Meta gets a credit warning over its cash flow, spending and monetization