Browsing Tag
Meta Platforms
95 posts
Marvell hands Google $12.2bn warrant to close hyperscaler custom silicon sweep
Marvell's $12.2bn Google warrant vests only against $120bn in cumulative custom silicon revenue, six times its current data centre run rate through fiscal 2033.
Sage Geosystems puts Texas geothermal facility in service as 120-day test clears key commercial hurdle
Sage Geosystems has completed more than 120 days of operations at its 3 MW Texas facility, supplying reservoir data for a larger geothermal project with Ormat in Nevada.
Meta faces landmark child social media addiction trial as 29 states seek sweeping changes
Meta faces 29 states in a landmark child safety trial that could reshape Instagram, Facebook and how social media platforms engage young users.
CoreWeave (NASDAQ: CRWV) backlog hits $104bn as $39bn AI buildout tests leverage
CoreWeave’s $104 billion backlog and 112% Q2 growth validate AI demand, but $39 billion capex and $640 million interest keep $CRWV risky despite the rally.
River AI’s $1.1bn war chest: Can a four-month-old neolab crack enterprise AI?
Igor Babuschkin's River AI has landed $1.1 billion with Nvidia and AMD Ventures backing, squeezing closed-source labs on enterprise fine-tuning economics.
Vistra Q2 EBITDA jumps 31% as Cogentrix and Meta nuclear deals set up the next earnings test
Vistra delivered $1.77 billion of second-quarter adjusted EBITDA as higher power prices, capacity revenue and acquired gas generation lifted earnings. Cogentrix and Meta could add another layer from 2027, but a sharp VST share-price pullback shows investors are demanding proof that scarce dispatchable power can translate into durable per-share growth.
Oklo Q2 2026: $3bn cash backs Aurora-INL as $8.5bn valuation raises execution test
Oklo has accumulated more than $3 billion of cash and marketable securities while advancing its first Aurora powerhouse toward a 2028 deployment target. The balance sheet reduces near-term financing pressure, but only $1.21 million of second-quarter revenue and an $8.5 billion market value leave investors paying primarily for future nuclear execution rather than current operating earnings.
Meta debuts Muse Code coding agent to undercut Claude Code and Codex on price
Meta launched Muse Code powered by Muse Spark 1.2 to challenge Anthropic Claude Code and OpenAI Codex, with a 10x cheaper tier that trades data for access.
Snap revenue jumps 19% as AI advertising tools revive $SNAP investor confidence
Snap’s Q2 revenue beat lifted $SNAP, but weaker US users, rising AI costs and $2,195 Specs keep the social media turnaround risky.
Meta’s $279bn AI lease obligations turn data centres into a balance-sheet test
Meta’s $279 billion future AI lease obligations expose the financial risk behind its data centre expansion as free cash flow falls to $784 million.