Meta

Upsizes its equity raise to a record $97.5B package (common stock, convertible preferred, and an ATM program) to fund its AI buildout, with Nvidia and AMD each taking strategic stakes, days after disclosing its first negative free-cash-flow quarter in more than a decade.

Muse becomes the top free app on the U.S. App Store within days of its September launch (2.8 million installs in 12 days) but gets blocked from shopping on Amazon.com over bot-access and disclosure concerns — Shopify takes the opposite stance and integrates it the same month.

Finally ships open weights for its 816-billion-parameter Muse Spark flagship on Hugging Face, delivering on an August promise — but under a reattached commercial-licensing clause requiring large deployers to negotiate separately with Meta, the same restriction its smaller, cleanly Apache-2.0-licensed Muse Glimmer release had specifically dropped two months earlier.

Claims its new Muse Wonder models reach the AI frontier on coding, memory, and professional tasks, though none of the benchmark numbers have been independently checked; the launch builds on a Muse assistant app that reportedly topped app-store charts within weeks of its September debut.

Parts ways with all three co-founders of Virtue AI, an enterprise AI-security startup it folded into Superintelligence Labs in June — one of the shortest-lived acqui-hires of the current AI talent boom, and a test of Meta's “elite athlete” approach to hiring researchers.

AI researcher Andrew Tulloch leaves less than a year after a reported $1.5B pay package, timed to the day after Meta shipped its Muse assistant — a sign record compensation alone isn't enough to keep elite researchers in place.

Its $27B Hyperion data-center bond, sold in 2025 to fund a Louisiana campus, has been sliding on the secondary market even as Meta's stock climbed, and a newer data-center financing vehicle priced roughly 40 basis points wider than the original notes.

Internal reporting describes a company-wide token-usage leaderboard culture — ranks up to “Token Legend” — that pushed internal AI consumption to roughly 73.7 trillion tokens in a single 30-day stretch; CTO Andrew Bosworth tells staff “raw token volume no longer correlates with business value.”

Discloses an AI-agent security breach tied to misconfiguration by third-party evaluation contractor Irregular — the same contractor involved in earlier incidents at other labs.