Meta Platforms released Muse Glimmer, a 30-billion parameter open-weight language model, on August 10, its first open-weight release in more than a year; CEO Mark Zuckerberg published an essay calling for the US to reduce policy barriers to open-source AI to better compete with Chinese labs, framing the release as a national competitiveness move as much as a product launch

Meta Platforms reported second-quarter free cash flow of US$784 million on July 29, down from US$8.55 billion a year earlier, as the US company raised the lower end of its 2026 capital-expenditure forecast to US$130 billion; Mark Zuckerberg defended the AI buildout and sketched a path to returns while the advertising business kept growing; Meta stock fell 10% after hours; Zuckerberg also hinted at entering cloud services, which would pit Meta directly against AWS, Azure and Google Cloud

Meta Platforms reported second-quarter free cash flow of US$784 million on July 29, down from US$8.55 billion a year earlier, as the US company raised the lower end of its 2026 capital-expenditure forecast to US$130 billion; Mark Zuckerberg defended the AI buildout and sketched a path to returns while the advertising business kept growing

The global startup category covering social media, messaging, and entertainment apps for individual users; the United States leads in revenue, with US$167 billion in global app-store spending in 2025.

The combined US$700bn-plus annual capital investment by US tech giants Amazon, Microsoft, Alphabet, and Meta, directed almost entirely at AI data centers.

Meta AI, the US company Meta Platforms' AI division, built the world's most-used assistant and is pivoting from open-weight models to closed frontier development.

Series H of primary and secondary shares at ~US$4.5bn post-money; Miten Sampat becomes interim CEO; CRED says Meta gets no board seat and no customer data

Linux Foundation ships OpenMDW-1.1 (Nvidia adopts for four model families); days later the G7 replaces the binary open/closed split with a spectrum

Five Thinking Machines founders hired, one on a reported $1.5bn package; Muse Spark breaks with the open-source Llama tradition

A $27bn Blue Owl-funded megacampus in Richland Parish triples its on-site gas to ~7.7GW, about seven times New Orleans' peak demand, via an expanded Entergy deal

Amazon ~$200bn, Microsoft ~$190bn, Alphabet $175–185bn, Meta $125–145bn, a combined AI buildout larger than most national budgets, with component inflation now a line item

Meta's Talavera site would draw ~504m litres/yr mostly from the Tagus; Amazon seeks a 48% water rise in Aragón; Lleida banned data centers as drought collides with the AI build