Kathmandu. Meta has planned to raise $35 billion through share issuance to invest in artificial intelligence (AI) development. Meta's plan to invest in AI development through share issuance was ma...
Kathmandu. Meta has planned to raise $35 billion through share issuance to invest in artificial intelligence (AI) development.
Meta's plan to invest in AI development through share issuance was made public in a report released by the US Securities and Exchange Commission (SEC) on Monday.
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First, xAI spent $60 billion on Cursor, and now Meta picked up Conductor for an undisclosed amount, as reported previously by Axios, as they all compete with the likes of Anthropic’s Claude Code and OpenAI’s Codex. Conductor’s product is built to let software engineers manage multiple agents at once, and says it will wind down its existing setup: * Conductor Cloud goes read-only on November 13 and shuts down on November 20. * Local Conductor keeps getting new models and critical bug fixes until early 2027.
The startup allows software engineers to deploy teams of agents to work on various aspects of a project simultaneously.
Meta has quietly introduced a way for Australians to stop the tech giant from training its AI on their user data, but the company never announced it, leaving the choice effectively hidden for more than a year.
Sierra released Poppy 1.0, its standard for personal AI agents, as Shopify switched it on for every store and Meta's Muse began using it by default.
It comes after the 51-year-old disgraced entertainer was sentenced to 10-and-a-half-years in prison.
The founder of Australian Femicide Watch, Sherele Moody, has demanded the page be reinstated.
