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News — articles from publishers · Digest — our daily curated roundup · AI insights — model-generated take
Meta Launches New Open-Weight AI Model Amid Push for Lower Barriers
On August 10, 2026, Meta released a new open-weight AI model while CEO Mark Zuckerberg advocated for reduced U.S. regulatory barriers to compete with Chinese rivals and pledged additional models soon.
Meta Raises 2026 Capex Outlook Amid Aggressive AI Infrastructure Push
Meta lifted the lower end of its 2026 capital expenditure guidance to $130-145 billion, citing ongoing AI buildout including data center expansions and computing power doublings.
Meta's Iris AI Chip Production Ramp Targets Consumer AI Expansion
Meta plans to begin manufacturing its Iris AI chip in September 2026 as part of doubling computing capacity to 14 gigawatts, supporting consumer AI products amid intensifying competition with OpenAI and others.
Meta Launches Muse, Its First AI Coding Agent Targeting Anthropic and OpenAI
Meta debuted its Muse AI coding agent on August 5, 2026, positioning it as a direct competitor to tools from Anthropic and OpenAI.
Meta Accelerates AI Ad Automation for 2026 Brand Campaigns
Meta aims to fully automate ad creation and targeting with integrated AI tools by end of 2026, enabling personalized variations and video adjustments.
Meta Misses Q2 Estimates and Guides Light on Revenue
Meta reported Q2 EPS of $6.18 (miss vs. $7.22 estimate) and Q3 revenue guidance of $61-64B (below $63.15B consensus), citing AI infrastructure spend pressuring free cash flow. Shares fell nearly 9% on the news.
Meta Platforms Q2 Earnings
Meta reported second-quarter revenue that topped expectations, but earnings fell short of forecasts and the company nudged up its full-year spending targets, leading to a sharp stock decline.
Meta Faces Tennessee Trial Over Instagram Addictiveness Claims
Meta is set to face trial in Tennessee on allegations that Instagram was designed to be addictive, a development with potential brand and regulatory implications.
