Meta’s Muse Video Enters Closed Beta
Meta’s Muse Video model has entered a closed beta, with early tests highlighting native audio generation. The model reportedly produces 10-second videos with strong visual detail and temporal consistency.
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Meta Launches Pocket AI Minigame Creator
Meta has made Pocket, its generative AI minigame creation app, available in the US. The company describes it as a platform for making and sharing “gizmos.”
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Alibaba Bets Nearly $10 Billion on AI
Alibaba’s profit plunged after it raised quarterly capital expenditure for AI to nearly $10 billion. The report also examines Meta’s growing role as a Microsoft AI customer and Castelion’s plans to scale hypersonic missile production.
Meta Quietly Becomes a Major Microsoft AI Customer
Meta Platforms has reportedly become one of Microsoft’s largest AI customers. The development suggests that demand for emerging AI technology remains heavily concentrated among major technology companies.
Rillet Raises $100M for AI Accounting
Rillet has raised $100 million in a Series C at a $1 billion valuation. The startup is building an AI-centered corporate accounting platform that places AI agents inside the general ledger.
Australia Removes Platforms’ News Exit Option
Australia’s parliament passed the News Bargaining Incentive, requiring major platforms to face the law even if they choose not to carry news. Meta, Google, TikTok, and LinkedIn are among the affected companies.
Meta Platforms Ran Ads for an AI Undressing Tool
Wired reported that Meta’s Facebook and Instagram displayed ads for an AI pornography-generation tool. One ad featured a deepfake pornographic video resembling a prominent American female politician, and Meta removed the ads after being questioned.
Meta Safety Trial Blames Zuckerberg’s Culture
Former Meta safety executive Arturo Béjar testified that the company’s safety failures were rooted in the culture established by Mark Zuckerberg. His testimony opened a trial brought by four state attorneys general over Meta’s handling of platform safety issues.
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Former Meta Staffer Details Instagram Child-Safety Risks
Former Meta child-safety staffer Arturo Béjar testified that he did not fully understand the threats facing young users until his 14-year-old daughter joined Instagram. His testimony highlights concerns about platform safeguards and exposure to risks affecting minors.
Domyn Raises Europe’s Biggest AI Financing
Milan-based AI company Domyn raised roughly $1.1 billion, making it one of the largest financings ever announced by a European AI company. About 90% of the financing is debt and only around 10% is equity, making the capital structure the central story.