NasdaqGS:METAInteractive Media and Services
Meta’s US$21b AI Bet And New Tactics On Legal Risks
Meta Platforms (NasdaqGS:META) has agreed to a long term AI cloud capacity deal with CoreWeave, totaling more than US$21b through 2032.
The agreement focuses on Nvidia powered infrastructure to support large scale AI models, including Muse Spark and AI features across Meta apps and devices.
Separately, Meta is removing certain recruitment ads from law firms seeking plaintiffs in lawsuits that claim its platforms are harmful to minors.
These steps come as Meta faces ongoing legal and...