
Meta narrows 2026 capex to $135B-$145B and plans nonvoting stock to fund AI
Q3 revenue rose 26% to $64.6 billion, but a $9.89 billion legal charge cut operating income 37% and capex outran operating cash flow.
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Q3 revenue rose 26% to $64.6 billion, but a $9.89 billion legal charge cut operating income 37% and capex outran operating cash flow.

The handheld gadget ships in December with a 2-inch OLED touchscreen, cameras, and the ability to recognize other nearby Charms.

The AI agent can now open files, messages, calendar, notes and mail on macOS, with opt-in access and per-action approvals.

Amodei wants coordinated guardrails, Zuckerberg wants the market to sort it out, and Cohere's CEO calls the whole thing a cartel.

Meta tells staff token counts and AI dashboards no longer determine impact scores, even as internal testing of its Hatch agent expands.

Mark Zuckerberg's plan to cut some teams by 60% and go 'AI native' collapsed after agents drove a 40% jump in major incidents.

More than half of Americans under 30 are more worried than excited about AI, a 24-point swing in five years. The industry's diagnosis keeps missing.

The app builds on Meta's acqui-hire of Gizmo and shuts down the original — part of a stand-alone-app spree Zuckerberg tied to AI-assisted coding.

The sports video-clipping acquisition unraveled into lawsuits and an unreachable CEO, the same week Meta pitched open AI with Glimmer.

A 30B open-weight model, a promise to open Muse Spark 1.2, and a manifesto against 'singular superintelligence' mark Meta's latest AI reset.

The Apache 2.0 model runs locally on a single consumer GPU and sketches Zuckerberg's 'personal superintelligence' pitch.

Meta's CEO lays out an infrastructure, distribution, and regulatory plan built around free access and open-weight models.

The beta agent fans out to parallel sub-agents in isolated worktrees, aiming at OpenAI's Codex and Anthropic's Claude Code on price.

Employees at the two labs asked the US for a mechanism to slow AI development, days after an OpenAI agent breached Hugging Face.

Zuckerberg told investors LLMs are compressing product development as Threads hits 500M monthly users on the way to a targeted billion.

Meta's CEO frames personal agents as the next revenue engine as Reality Labs losses hit $88B and free cash flow drops 91% year over year.

Zuckerberg hints at a cloud business but says selling raw compute would be 'foolish'; full-year capex guidance now runs up to $145B.

On Meta's Q2 earnings call, Zuckerberg outlined a pay-for-results enterprise business spanning agents, APIs, compute resale and internal productivity tools.

On Meta's Q2 2026 call, Zuckerberg framed 24/7 personal agents as the foundation for the next wave of products and revenue.

The assistant now reads your calendar, plans events, and runs recurring tasks — a reversal of Meta's stated 'entertainment first' strategy.

The spot pitches AI as a force for connection while playing 'Five Years,' Bowie's ballad about Earth's imminent death.

Louisiana's 20-year sales tax exemption helped land the buildout, now nearly double the $27B figure Meta cited in October.

The agentic coding model prices at $1.25 per million input tokens, slightly above Claude Haiku 4.5 and GPT-5.6 Luna.

After cutting 8,000 jobs and reassigning 7,000 more to AI teams, Meta's CEO concedes the payoff is still 3 to 6 months out.

Andrew Bosworth pledged stability, manager caps, and better snacks after a 6,500-person AI division was labeled 'a gulag' by staff.
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