According to MetaversePost, Prophet launched an AI-powered prediction market today (May 6) with $10,000 in USDC allocated to live trading. Users can trade directly against an AI counterparty that generates probability-based pricing for each market, with some contracts settling within 24

According to Beating, Tessera Labs, an AI systems integration company, completed Series A funding led by a16z. The startup, founded in 2024, uses a multi-agent platform to automate SAP ECC to S/4HANA migrations, traditionally requiring 3-5 years and $100 million to $500 million per

According to TrendForce, nine major cloud service providers—Google, Amazon Web Services, Meta, Microsoft, Oracle, ByteDance, Tencent, Alibaba, and Baidu—have raised their combined 2026 capital expenditure guidance to approximately $830 billion, driven by strong AI demand. The year-over-year growth r

According to Bitwise CIO Matt Hougan, DoorDash and Meta are piloting stablecoin-powered payouts, signaling a shift from niche crypto trading toward real-world payment infrastructure. DoorDash, which operates in over 40 countries, is testing stablecoin payouts using Stripe-led infrastructure to

According to Reuters, on May 5, major book and academic publishers including Elsevier, Cengage, Hachette, Macmillan, and McGraw Hill sued Meta in Manhattan federal court, along with author Scott Turow, alleging the company used millions of books and journal articles without permission to train its

According to Beating, Meta is seeking approximately $13 billion in financing for an artificial intelligence data center in Texas, with Morgan Stanley and JPMorgan leading the effort. The financing structure will consist primarily of debt, with the remainder in equity, according to people familiar wi

Jefferies raised Alphabet's price target from $400 to $445 on May 4, while cutting Meta's target from $1,000 to $825 and Microsoft's from $675 to $575, according to BlockBeats.

According to The Economic Times, Meta's Q1 FY26 results showed AI upgrades lifted video engagement across Facebook and Instagram. Instagram Reels time spent rose 10%, while Facebook video watch time increased more than 8% globally. Average price per ad rose 12% year-on-year, and more than 8

According to David Sacks, White House AI and crypto advisor, commenting on Morgan Stanley data released in early May, AI-related investments contributed approximately 75% of U.S. GDP growth in the first quarter of 2026. Sacks noted that AI investment will drive about 2.5% of GDP growth this year and

According to Forbes, on May 3, Robert Dunlap, operator of the Meta-1 Coin scheme, was sentenced to 23 years in prison for defrauding approximately 1,000 investors between 2018 and 2023, with total losses exceeding $20 million. The U.S. Department of Justice revealed that Dunlap falsely claimed Meta