Meta Platforms News - July 17, 2026
Meta eyes $10B Anthropic deal, monetizing its massive AI infrastructure
Meta Platforms is negotiating a deal to lease data center computing power to AI startup Anthropic. The New York Times reports the potential agreement is...
Meta's $145 Billion AI Bet Is Rewriting Its Balance Sheet — Can the Ad Machine Earn Enough to Justify It?
Shares slid 3.8% to $639.50 on July 17 as investors continued to punish Meta for the sheer scale of its AI spending ambitions and lingering fears that the...
🔴 Meta is trading 3.8% down today on massive 2026 AI capex projections and legal headwinds
Meta is trading 3.8% down at $639.50 as investors continue to digest the company's massive planned $125–$145 billion AI capital expenditure for 2026. • The...
Meta Hires AWS Veteran, Targeting Cloud Market with $145B AI Spend
Meta Platforms hired Dave Brown, a 20-year Amazon Web Services (AWS) veteran, to lead its data center expansion. Brown will report to Meta’s head of...