#Meta

CoreWeave (CRWV) shares jumped nearly 12% after announcing a $14.2 billion AI cloud infrastructure deal with Meta (META). This follows a $6.5 billion expanded agreement with OpenAI, totaling $22.4 billion. CoreWeave specializes in high-performance computing using Nvidia GPUs, catering to the growing demand for AI and machine learning workloads. Meta’s commitment includes options for expansion through 2032, reflecting its broader investment in AI. Meta projects significant expenses for AI initiatives, including the launch of its first supercluster, highlighting the increasing competition and opportunity in the AI cloud market.

Instagram has reached 3 billion monthly active users, as announced by Meta CEO Mark Zuckerberg. This marks a significant growth from the 2 billion users reported in October 2022. The platform’s success is attributed to its visual format and evolving features. In related news, Instagram has implemented new default privacy settings, setting all underage accounts to private. This reflects growing concerns about online safety for younger users.

Meta is set to unveil its advanced “Hypernova” smart glasses at its annual Connect event. Priced around $800, these glasses mark a step toward integrating displays into wearables, following previous collaborations with EssilorLuxottica. Analysts emphasize the need for Meta to demonstrate the return on investment for its Reality Labs, which has incurred substantial losses. While VR headsets face uncertain market traction, smart glasses are seen as a more promising avenue, with potential for AI integration. The success is crucial as Apple and Google also develop competing products.

A former Meta security head, Attaullah Baig, is suing the company, alleging WhatsApp has critical security flaws exposing user data. He claims 1,500 engineers had unrestricted data access and that Meta retaliated against him for raising concerns. Baig reported the issues to the SEC and OSHA. Meta denies the allegations, citing Baig’s poor performance and claiming his concerns misrepresent ongoing security efforts. The lawsuit raises questions about WhatsApp’s data security and whistleblower protection.

Meta Platforms is temporarily adjusting its AI chatbot policies to enhance safety for teen users, following lawmaker scrutiny over inappropriate interactions and potential risks. The changes include retraining chatbots to avoid sensitive topics like self-harm and romantic conversations, and directing teens to expert resources instead. These interim measures, prompted by reports of chatbots engaging in suggestive dialogues with minors, will be rolled out across apps in English-speaking countries. Critics argue the adjustments are insufficient, calling for a complete overhaul of Meta’s AI safety protocols.

Reliance Industries announced significant AI partnerships with Google and Meta at its annual shareholders’ meeting. Reliance will leverage Google’s AI and cloud infrastructure, including a new dedicated cloud region in India powered by clean energy. A joint venture with Meta focuses on delivering AI solutions tailored for Indian businesses, with a $100 million investment. Mukesh Ambani also indicated plans to list Reliance Jio publicly in the first half of 2026. These moves underscore the importance of the Indian market for global tech giants.

Meta CEO Mark Zuckerberg envisions a future where everyone has a “personal superintelligence” to amplify individual potential, contrasting this with centralized AI automating all work. Meta is investing heavily in AI to empower individuals, fostering personal growth and innovation. Zuckerberg acknowledges safety concerns but believes in broad access to this technology

Mark Zuckerberg’s Meta has invested heavily in the metaverse, a gamble aiming to revolutionize social interaction. Despite billions

Meta is aggressively acquiring top AI talent, notably hiring Ruoming Pang, former head of Apple’s foundational models team. This strategic move, reportedly driven by a lucrative compensation package, highlights Meta’s drive to bolster its AI capabilities amidst intense industry competition. Pang’s departure may impact Apple’s AI team morale, as the company seeks to advance its AI initiatives.

Meta’s aggressive hiring is driving up tech salaries, with reports of a $20 million, four-year compensation package for an ML Engineer. Leaked filings reveal high base salaries for roles like Software Engineers and AI Researchers, often exceeding $350,000 annually. This fierce competition for specialized talent, particularly in AI, is forcing companies to offer increasingly lucrative deals, setting new benchmarks in the industry.