Dozens of employees claimed that they were targeted for job cuts by the company's AI-powered tools because they have disabilities or took medical leave.
I keep hitting the buy button on Meta Platforms (NASDAQ:META | META Price Prediction), and I am not embarrassed to say the last add was this week.
Meta Platforms (META) shares are in the spotlight on July 17th following reports that the tech giant is in preliminary discussions to lease out its computing infrastructure to AI research lab Anthropic. The blockbuster deal rumoured to be worth up to $10 billion arrives at a time when Meta sits firmly above its major moving averages (MAs) – with an RSI in the mid-50s indicating intense buying pressure.
I keep hitting the buy button on Meta Platforms (NASDAQ:META | META Price Prediction) because I have finally seen a hyperscaler turn a compute bill into a receipt in the same quarter it wrote the check.
Anthropic is in very preliminary talks to lease computing power from Meta. The talks come weeks after Anthropic announced a similar deal with Elon Musk's SpaceX to use the computing capacity at its Colossus 1 data center to improve capacity for paid subscribers.
I keep buying Meta Platforms (NASDAQ:META | META Price Prediction), and I am not planning to stop.
A Meta software engineer spends four to six hours a week learning AI outside work. He cut back on YouTube and Netflix to make more time for experimenting with AI.
Meta Platforms (NASDAQ:META | META Price Prediction) is spending like an infrastructure company and being valued like a growth company.
Meta Platforms (NASDAQ:META | META Price Prediction | META Price Prediction) delivered Q1 2026 EPS of $10.44 versus a $6.66 consensus, a 56.79% beat, on revenue of $56.31 billion (+33.08% YoY).
Meta announced on Thursday that it will now notify parents if their teen discusses suicide or self-harm with the company's Meta AI chatbot. Meta says it's also working on the ability to contact emergency services if someone's conversations suggest they may be at risk of self-harm.
I keep hitting the buy button on Meta, and the September deadline is the reason I refuse to stop before then.
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is facing a lawsuit from 26 employees who allege the company used artificial intelligence tools and automated workplace metrics to select workers for mass layoffs, with the plaintiffs claiming the process disproportionately affected employees who had taken protected medical, parental or family leave. The lawsuit, filed in federal court in Oakland, California, claims Meta relied on AI-assisted performance rankings, activity tracking data and internal “AI token usage” dashboards to evaluate employees during a workforce reduction process.