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Meta plans fourth AI restructuring in six months

Meta to restructure AI efforts for fourth time in six months, dividing Superintelligence Labs into four new groups

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Meta to restructure AI efforts for fourth time in six months, dividing Superintelligence Labs into four new groups.

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In Short:
– Meta is restructuring its AI unit, Superintelligence Labs, into four groups to enhance its AI efforts.
– The company plans a $29 billion financing for a new data centre in Louisiana to support AI infrastructure.

Meta plans its fourth restructuring of AI efforts in six months, as reported by Reuters. The company intends to divide its new AI unit, Superintelligence Labs, into four groups: a products team including the Meta AI assistant, an infrastructure team, and the Fundamental AI Research (FAIR) lab focused on long-term research.Banner

As competition in Silicon Valley intensifies, CEO Mark Zuckerberg aims to accelerate work on artificial general intelligence. This involves creating systems that can outthink humans and contribute to new revenue streams. Meta’s recent reorganisation followed senior staff departures and a lukewarm response to its latest Llama 4 model.

Financing Expansion

Meta is engaging U.S. bond giant PIMCO and alternative asset manager Blue Owl Capital to lead a $29 billion financing for a new data centre in rural Louisiana. In July, Zuckerberg announced plans for a substantial investment in AI data centre infrastructure, raising the lower end of the annual capital expenditures forecast to between $66 billion and $72 billion. Rising costs associated with infrastructure and competitive salaries are expected to drive up expense growth rates into 2026.


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Wall Street wobbles as RBA and Tesla face tests

Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.

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Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.


Global markets are jittery amid a Wall Street sell-off, renewed inflation pressure in Australia, and high-stakes decisions on U.S. tariffs and Elon Musk’s Tesla pay deal.

Capital.com’s Kyle Rodda breaks down the risks and reactions shaping the week ahead.

#Markets #WallStreet #RBA #Tesla #ElonMusk #Inflation #Trade #Finance #Economy #CapitalCom


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Bitcoin crash shakes global markets

Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.

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Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.


Bitcoin’s slide below $100,000 has sent shockwaves through global markets, with $45 billion in long-term holdings sold and risk assets tumbling.

David Scutt from StoneX breaks down what’s driving the sell-off — and where markets go next.

#Bitcoin #CryptoCrash #Markets #RiskAssets #CryptoNews #FedPolicy


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Putin and Xi tighten alliance amid Western pressure

Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.

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Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.


Russia and China have deepened their strategic partnership, signing a new investment protection deal and expanding cooperation across energy and technology.

The move comes as U.S. sanctions on Moscow intensify.

#Russia #China #Putin #XiJinping #Trade #Sanctions #Geopolitics #Energy #Diplomacy #WorldNews


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