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Why Open-Weight AI Models Matter and Meta Benefits from Them
The Wall Street Journal5d agoneutral
Why Open-Weight AI Models Matter and Meta Benefits from Them

Open-source software has been one of tech’s biggest-ever success stories. No surprise, then, that developers of open-weight AI models try to borrow some open-source sunshine. Meta Platforms chief Mark Zuckerberg on Monday became the latest tech executive to draw an equivalence between the two, calling open-weight models “open source AI” in a 6,500-word essay posted by the company.

Oil prices higher, stocks flat ahead of inflation report
AFP5d agoneutral
Oil prices higher, stocks flat ahead of inflation report

Oil prices bounced around in choppy trading and stock markets were little changed Tuesday as investors awaited a key inflation report and weighed progress on re-opening the Strait of Hormuz.  "But rising crude oil prices... and further delays in reopening the Strait of Hormuz, have introduced fresh inflation risks."

Investing.com5d agoneutral
Trump lifts TikTok ban on federal devices after ownership transfer

Investing.com -- The Trump administration removed restrictions on TikTok use on federal government devices Monday after determining the social media app no longer presents a national security threat following the transfer of its US operations to American investors.

AI startup Manus to resume independent operations as deal with Meta unwinds
Reuters5d agoneutral
AI startup Manus to resume independent operations as deal with Meta unwinds

AI startup Manus said on Tuesday it will ‌resume operating as an independent company ‌and some user data will be deleted as ​part of its separation from U.S. tech giant Meta. • "As part of our transition back to independent operations and to comply ‌with regulatory requirements ⁠in specific jurisdictions, data generated by certain users on/after December ⁠29, 2025" will be deleted later this month, Manus said in a statement. • ​Affected users ​will be notified ​through the Manus ‌app and by email and will be able to back up their data, the company said.

Rocket Lab Drops on Launch Pushback; Riot Platforms' Anthropic Deal | Stock Movers
Bloomberg5d agobearishVIDEO
Rocket Lab Drops on Launch Pushback; Riot Platforms' Anthropic Deal | Stock Movers

On this episode of Stock Movers: - Anthropic PBC has struck a $9.1 billion deal with Riot Platforms (RIOT), a Bitcoin mining company that recently began selling AI data center capacity. Riot disclosed it had secured a 20-year deal to supply 191 megawatts of capacity from its Rockdale, Texas, campus to a "leading frontier AI" company. - Rocket Lab (RKLB) shares drop as much as 5.7% after the company's Neutron timeline softened, with an analyst saying that while Neutron remains on track to reach launch pad in the fourth quarter, it could push an initial launch to 2027. - Babcock & Wilcox Enterprises (BW) rose in premarket after the company signed an agreement with Siemens Energy to produce steam turbine generator sets. - US-listed shares in On Holding (ONON) drop as much as 17% in premarket trading after the Swiss sneaker maker's second-quarter sales were lower than expected.

AST SpaceMobile second quarter earnings fall short of estimates
Proactive5d agobearish
AST SpaceMobile second quarter earnings fall short of estimates

AST SpaceMobile Inc (NASDAQ:ASTS) reported a wider-than-expected adjusted loss and revenue below analyst estimates for the second quarter, while the company reaffirmed its full-year 2026 revenue guidance and continued to expand its satellite network. The company reported an adjusted loss of...

Rackspace Technology Q2 Earnings Call Highlights
MarketBeat5d agoneutral
Rackspace Technology Q2 Earnings Call Highlights

Rackspace Technology (NASDAQ:RXT) reported second-quarter revenue of $670 million, up 1% from a year earlier, as the company outlined an expanded enterprise AI infrastructure strategy built around managed compute, inference and sovereign AI deployments. Chief Executive Officer Gajen Kandiah said th

Lightwave Logic Q2 Earnings Call Highlights
MarketBeat5d agoneutral
Lightwave Logic Q2 Earnings Call Highlights

Lightwave Logic (NASDAQ:LWLG) said its second-quarter efforts focused on advancing its electro-optic polymer technology from development toward commercialization, with the company expanding its number of Stage 3 customer programs to five and expecting wafer deliveries from two foundry programs in Au

Terrestrial Energy Q2 Earnings Call Highlights
MarketBeat5d agoneutral
Terrestrial Energy Q2 Earnings Call Highlights

Terrestrial Energy (NASDAQ:IMSR) reported second-quarter progress across its engineering, regulatory, supply-chain and commercial-development programs, while outlining updated unit economics for its IMSR small modular reactor plant design. Chief Executive Officer Simon Irish said the company contin

How many employees does Coca-Cola have? Its workforce & layoffs explained
TheStreet5d agobearish
How many employees does Coca-Cola have? Its workforce & layoffs explained

The Coca-Cola Company (KO) has always had a knack for reinvention; that’s why it has maintained its position as the global market leader for 140 years. In recent years, as consumer tastes shifted toward healthier, sugar-free beverages, the company pivoted into bottled water, energy drinks, juices, ...