Tag: META
Infosys Launches AI and Cybersecurity Centre in Hubballi
Infosys has launched a new Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka, marking a strategic step in the company's decentralised expansion across tier-2 cities. The facility is part of Infosys Living Labs and aims to serve as both a client delivery unit and a hub for applied research and academic collaboration. Expanding innovation capacity beyond metros
The Hubballi centre reinforces Infosys’ strategy...
Meta Secures $29B for AI Data Centre Push
Meta has selected investment firms PIMCO and Blue Owl Capital to spearhead a $29 billion funding deal aimed at expanding its AI-focused data centre footprint in the United States. The financing will support major infrastructure projects in rural Louisiana and forms part of the company’s larger AI co-development strategy. $26B debt from PIMCO, $3B equity from Blue Owl
According to a source familiar with the matter,...
ED Summons Google and Meta in Betting Ad Probe
India’s financial crime agency has called on representatives from Google and Meta to explain their role in the advertisement and visibility of illegal betting...
Russia Moves to Restrict WhatsApp by September
Russian authorities are preparing to curtail the operations of WhatsApp as part of a broader effort to promote homegrown digital services and reduce reliance...
Altman: Meta Offered $100M to Poach OpenAI Talent
OpenAI CEO Sam Altman has alleged that Meta offered signing bonuses of up to $100 million to recruit employees from his organisation. Speaking on...
Meta Invests $14.8B in Scale AI Deal
Meta has invested $14.8 billion in Scale AI, acquiring a 49% nonvoting stake and hiring CEO Alexandr Wang in a deal that sidesteps formal...
Meta Delays Behemoth Model Amid Capability Concerns
Meta has reportedly postponed the release of its much-anticipated Behemoth large language model (LLM) to the fall, after initially targeting an April launch. The...
Meta Faces Whistleblower Heat Over AI Ethics
Former Meta executive Sarah Wynn-Williams has accused the tech giant of undermining U.S. national security and compromising AI ethics by covertly aiding China’s artificial...
Meta Eyes $1B Data Center in Wisconsin
Meta Platforms is reportedly planning to invest nearly $1 billion in a new data center project in central Wisconsin, a move aimed at ramping...
OpenAI, Meta in AI Talks with Reliance
OpenAI and Meta Platforms have reportedly initiated separate discussions with Reliance Industries to explore strategic AI partnerships aimed at expanding their offerings in the...
Palona AI Launches Emotionally Smart Sales Agents
A trio of former engineering leaders from Google, Meta, and Samsung have launched Palona AI, a groundbreaking startup focused on creating emotionally intelligent AI-powered...
Meta and FADA Unveil Auto Sector Whitepaper
Meta, in collaboration with the Federation of Automobile Dealers Associations (FADA), unveiled a whitepaper and playbook aimed at driving digital transformation in India’s automotive...
