Meta Platforms, Inc. (META)[Tv]

Key Developments

• Meta launches the Meta Enterprise Platform with high-profile leadership hire, signaling a direct challenge to cloud giants AWS and Microsoft Azure, and marking a pivotal strategic pivot toward enterprise AI infrastructure.
• Amazon blocks Meta’s Muse AI agent from making purchases on its platform, exposing a critical vulnerability in Meta’s AI-driven commerce ambitions and highlighting the gatekeeping power of entrenched tech rivals.
• New Mexico jury finds Meta liable for deceptive privacy practices, delivering a landmark verdict with potential penalties reaching $219.5 billion—representing the most severe legal threat to date against its core business model.
• Meta announces 2026 capital expenditure guidance of $130–145 billion, nearly triple prior levels, driven by AI infrastructure, subsea cables, and custom silicon—among the most aggressive long-term bets in tech history.
• Meta secures a 1.2-gigawatt nuclear power deal with Constellation Energy to fuel its Ohio data center, positioning the company as a foundational player in the global AI energy revolution and securing long-term energy sovereignty.