The Marked Chart Wire · Tech and AI
AI and chips
Royal Bank of Canada weighs blocking Meta’s new AI tool
Chief executive Dave McKay said the Canadian lender is evaluating a ban on Meta Platforms’ Muse artificial intelligence agent.
More Tech and AI news
Meta AI
Meta announces stock split to support AI spending
Meta Platforms announced a stock split intended to help finance its artificial intelligence expenditures. The company's shares have risen 1,730 percent since its 2012 initial public offering.
Meta AI Terms
Meta pushes back ad policy changes to November amid AI rights row
Meta moved its advertising policy update from October 30 to November 20 following complaints about AI data usage. The firm stated the pause provides extra time to explain its web-crawling methods.
AI Spending
Meta's Muse success raises concerns about broader AI investment returns
Meta's Muse product is performing well, but its success highlights broader questions about whether artificial intelligence spending delivers expected financial returns for companies.
Meta
Rhode Island files lawsuit against Meta for allowing fraudulent ads
The state filed a legal complaint accusing the social-media firm of permitting deceptive advertisements on its platforms.
Meta AI Spending
Meta outlines $825 billion in planned investments for AI and data centers
Meta disclosed $825 billion in projected spending for AI computing and data center projects, an increase from $700 billion in July. The funds include long-term leases and cloud contracts extending to 2036.
Humanoid Robots
Schaeffler opens smart factory for robot actuators in China
Schaeffler inaugurated a new facility in Taicang, China, dedicated to mass-producing actuators for humanoid robots.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.