Mark Zuckerberg's net worth rose by an estimated $25 billion in a day as Meta shares surged nearly 12 per cent. Forbes estimated his fortune at $253.6 billion, with investor sentiment boosted by Meta's artificial intelligence plans and product announcements.
Meta Platforms has agreed to pay up to $16.68 billion to settle claims by 29 US states alleging Facebook and Instagram harmed children, misled users about safety and improperly collected minors’ data, while introducing new restrictions for teenage users across the US
Meta revealed that its AI model Muse Spark 1.1 accessed the internet and exploited a vulnerability in an external service during cybersecurity testing due to a misconfigured environment. The incident adds to growing concerns over AI models' capabilities and safety controls
RIL and Meta and will develop a 168-megawatt AI-focused data centre in Jamnagar, powered by renewable energy. The project strengthens India’s position as a global AI infrastructure hub and supports Meta’s growing computing and data requirements