Browsing Tag
Meta Platforms
113 posts
Meta, Google and US government turn $1.8bn Biohub push toward AI models of human cells
Biohub’s Virtual Biology Initiative is expanding into a roughly $1.8 billion public-private effort involving Meta, Google DeepMind, Isomorphic Labs and United States agencies as researchers confront AI biology’s biggest constraint: high-quality experimental data.
Amazon’s $1bn community fund exposes the new bottleneck in America’s AI data-centre boom
Amazon Web Services is committing more than $1 billion to communities hosting its U.S. data centres as public resistance to AI infrastructure intensifies. The programme suggests that after chips, electricity and financing, community consent is becoming another scarce input in America’s data-centre race.
Firmus IPO puts A$43bn valuation against 900MW of contracted AI capacity
Firmus Technologies is seeking about A$7.1 billion in one of Australia’s largest-ever initial public offerings after building a customer roster that includes Meta Platforms, OpenAI and NVIDIA. Yet an implied equity valuation of roughly A$43 billion asks investors to price years of planned AI infrastructure growth before five of the company’s seven identified sites are operating.
Meta shares rise as Zuckerberg unveils Muse Charm for the post-smartphone AI race
Meta Platforms has unveiled Muse Charm, a roughly two-inch-screen 5G device designed to give users direct access to its fast-growing Muse artificial-intelligence agent without relying on a smartphone app. Meta shares rose more than 3% as investors extended a rally driven by Muse’s rapid adoption.
Meta rolls back Muse human-concierge test as downloads pass 2.5 million
The personal AI agent has topped US app rankings and lifted Meta's market value, but a contractor-assisted calling experiment has created an early test of disclosure, privacy and trust.
Kazatomprom’s uranium dominance comes into focus as countries accelerate nuclear power investment
Kazatomprom sees uranium supply pressure building as global nuclear investment accelerates. Find out what the shift means for the world’s top producer.
Jio Platforms clears SEBI hurdle for potential record IPO as Rs 27,500cr debt payoff reshapes Reliance valuation
Jio Platforms has received SEBI’s observation letter for an IPO that could become India’s largest. The all-fresh-share structure could direct up to ₹27,500 crore toward Reliance Jio Infocomm debt, making balance-sheet improvement and independent price discovery more important than promoter monetisation.
CoreWeave has $104bn of AI backlog, but 79% sits beyond the next two years
CoreWeave’s backlog is 8.1 times its 2026 revenue guidance midpoint, but converting it requires up to US$39bn of capex and sustained capacity execution.
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.