Meta has completed its acquisition of Assured Robot Intelligence, a company that builds AI models for robots, marking Meta’s formal entry into the humanoid robot space.
Meta reported Q1 2026 revenue of $42.3 billion, up 33% year-over-year, with net income of $26.8 billion. However, the company raised full-year AI capital expenditure guidance to $125-145 billion, sparking investor concern and sending shares down over 6% after hours.
Microsoft, Amazon, Google and Meta all report Q1 earnings. Copilot reaches 20M paid seats, AWS revenue grows 28% to $37.6B, but massive AI spending raises investor concerns.
The European Union has formally charged Meta under the Digital Services Act for failing to effectively prevent children under 13 from using Facebook and Instagram, with potential fines of up to 7% of global revenue.
The Australian government is proposing a revenue-based levy on major tech platforms including Meta, Google, and TikTok to fund local newsrooms, building on its pioneering role in digital news regulation.
According to the Wall Street Journal, Meta is preparing to reverse its acquisition of AI startup Manus after Chinese regulators explicitly refused to approve the deal, marking the latest chapter in US-China tech competition.
China’s NDRC has blocked Meta’s approximately $2 billion acquisition of AI agent start-up Manus, ordering the parties to withdraw the deal — marking another escalation in US-China tech competition.
Chinese regulators require Meta to reverse its $2 billion acquisition of AI startup Manus, raising global concerns about tightening AI sector merger oversight.
China’s regulators formally reject Meta’s acquisition of a Chinese AI company, highlighting intensifying global scrutiny of cross-border AI deals amid US-China tech rivalry.
Meta has signed an agreement with space-based solar startup Overview Energy to beam infrared light from 1,000 geosynchronous satellites to terrestrial solar farms, powering AI data centers through the night.