Meta acquires AI startup Manus
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Stocks were mixed Tuesday as minutes from the latest meeting of the Federal Open Market Committee showed some officials want to keep interest rates unchanged “for some time” after three cuts this year.
Meta's most controversial decision in 2025 was also its most revealing: committing roughly $60–65 billion in capital, primarily toward AI compute and data centers. That level of spending unsettled some investors, especially those who had grown accustomed to Meta's post-2022 cost discipline.
The attorney general of the U.S. Virgin Islands has sued Meta Platforms, accusing the Facebook and Instagram owner of deliberately profiting from advertisements for scams and failing to keep its social media platforms safe for children.
Interesting Engineering on MSN
Virgin Islands sues Meta in lawsuit over scam ads, claims billions tied to fraud
Meta faces a lawsuit from the U.S. Virgin Islands over allegations it allowed scam and illegal ads to generate billions in revenue.
The AI market has recently seen business spin-offs, new acquisitions, and third-party benchmarks. In today's video, I discuss recent updates affecting Applied Digital ( APLD 2.94%), Meta Platforms ( META +1.15%), and other AI stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below.
Shares of Meta Platforms, Inc. (NASDAQ: META) are rising Tuesday. The company announced the acquisition of an agentic AI company.
24/7 Wall St. on MSN
Meta Platforms Just Plugged a Gaping $2 Billion Hole In its AI Plans
Meta Platforms (NASDAQ:META) has gone all-in on artificial intelligence (AI), releasing open-source models like Llama, building massive data centers, and integrating AI features across Facebook, Instagram,
Moreover, it has risen more than 30% within two months on eleven occasions, with significant surges in 2013 and 2025.