• Meta (META): BofA cites internal memo showing lower AI infra costs, plans ~6.5 GW AI compute in 2026 (≈5.5 GW H2), 2026 capex ~ $22B per GW; in-house chip project Iris noted
  • Meta must unwind its ~$2B Manus AI deal after Chinese regulators' order. Tencent is negotiating to buy Manus, potentially valuing it at ≥$2B and becoming the largest shareholder.
  • Meta deployed Muse Spark 1.1 and plans to expand compute capacity, prompting trader interest in potential third‑party compute sales and lower overall compute costs.
  • HSBC flagged Meta Platforms (META) as a top earnings-season pick ahead of Q2 results, citing company-specific growth drivers and favorable positioning for the reporting period.
  • Meta Platforms (META) removed its Muse Image AI that generated images from public Instagram content, acknowledging it “missed the mark” on user control after criticism and privacy concerns.
  • Meta Platforms (META) is listed as a customer of Mercor, using Mercor’s services for AI training data generation, labeling and review relevant to machine learning models.
  • Meta is building business agents and testing stablecoin payments to enable agent-driven commerce, per Chief Data Officer Alex Schultz.