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Twenty-six Meta workers sued the company, alleging its AI systems used metrics like token consumption to select layoff targets, disadvantaging people on medical or family leave.
Tencent is in talks to become Manus’s largest shareholder as investors race to reverse Meta’s $2 billion purchase of the AI agent startup, after Beijing ordered the deal undone.
Anthropic launched Reflect, a beta dashboard that shows users how they use Claude and nudges them toward healthier habits, a rare feature that can encourage using the product less.
Meta plans to begin manufacturing its in-house Iris AI chip in September as it aims to double computing capacity to 14 gigawatts next year and cut its reliance on Nvidia.
Meta will build its first Canadian data center, a 1-gigawatt AI facility in Alberta costing about C$13 billion, powered largely by a dedicated natural gas plant.
Meta released Muse Image, a free AI image generator, but a feature that lets users turn any public Instagram user’s photos into AI images, opt-out by default, has sparked backlash.
Microsoft cut about 4,800 jobs, roughly 2.1% of its workforce, hitting Xbox and commercial sales hardest, the latest tech layoffs to intensify fears about AI and work.
Meta quietly released Pocket, an app that lets people build small interactive games from text prompts and share them in a TikTok-style feed, built on its Gizmo acquisition.
Big Tech’s AI capital spending is projected to reach about 3.2% of US GDP by 2027, overtaking national defense spending as a share of the economy for the first time.
OpenAI has proposed handing the US government a roughly 5% stake, worth about $43 billion, to seed a public wealth fund and ease mounting political pressure in Washington.
About $2.3 trillion was wiped from the Magnificent 7 in June as investors questioned Big Tech’s huge AI spending, even as chip and memory stocks kept climbing.
Microsoft is heading for its worst month since 2008 as investors worry that its heavy AI spending may not pay off and that AI could erode demand for its core software.
Google has limited Meta’s use of its Gemini AI models after Meta sought more computing capacity than Google could supply, delaying some of Meta’s internal projects.
Meta plans to replace more than 90% of its content review workforce with AI by the end of 2026, placing the majority of its ads and content moderation under the control of large language models.
Tech firms have cut close to 150,000 jobs in 2026 while citing AI, even as AI-driven IPOs mint vast new fortunes, sharpening questions about who benefits.