Meta weighs up to $10 billion Anthropic compute lease
What's new: The proposed two-year deal would let Anthropic pay monthly for spare capacity, with both sides able to exit early.
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#Mark Zuckerberg
AI firms cut token costs as buyers push for cheaper models
What's new: OpenAI, Meta and SpaceXAI rolled out models built to do more work per token as companies rein in AI bills.
Meta builds prediction market app as DraftKings, Flutter shares slip
What's new: The app, called Arena internally, is expected to use points rather than cash, though money could be added later.
Bloomberg, NPR +3
Meta, Microsoft push data center lease commitments past $850 billion
Why it matters: The long-dated obligations signal years of spending on AI chips, power and server capacity across the industry.
Meta replaces WhatsApp chief with Cred founder Kunal Shah
What's new: Meta is also investing $900 million in Cred, valuing the Indian fintech company at $4.5 billion post-money.
Meta falls more than 5% on report of possible AI stock sale
What's new: Meta is weighing a share sale that could raise tens of billions, though the company said no banks have been hired and no deal is set.
Earlier: Meta falls more than 5% on report of possible AI stock saleSeries: Meta · AI Funding Stock Sale · 3 chapters since Jun 6Meta drops 5% on report it may raise billions for AI push
What's new: Meta lifted its 2026 capital spending forecast to as much as $145 billion, adding to investor worries over AI costs.