Nvidia, Meta partner on Muse agent
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Meta said Monday it is planning to raise a total of $95 billion to support itsi nvestments in AI infrastructure and super intelligence.
A change to the company's commercial terms had raised fears that Meta would have legal cover to grab content from third-party sites. It's now delayed until after it confers with affected parties.
(Picture: Meta CEO Mark Zuckerberg tries on Meta smart glasses during the Meta Connect event on September 23, 2026. Credit: REUTERS/Carlos Barria)
Needing money to power AI, tech companies are raising billions to drive their ambitions. Meta has announced it could raise up to $95B from selling stock.
Meta is seeking more cash as it spends heavily on AI infrastructure, data centers, and computing power as it develops consumer AI products.
Meta describes Waddle World as a 'daily journal disguised as a pet.'
Meta is betting billions on Muse and AI agents. Its massive audience offers an advantage, but profitability, privacy and security remain major challenges.
Meta Platforms said on Tuesday it increased its largest-ever equity fundraising to $97.5 billion as the social media giant aggressively expands its AI infrastructure.
The company's new app, Waddle World, combines a Tamagotchi-style virtual pet with AI-assisted journaling. Available on iOS and Android only in the Philippines for now, the free app lets adults hatch a 16-bit pixelated pet, feed it, play mini-games, and tell it about their day.
Meta Platforms plans to raise a lot of money in order to fund its AI ambitions. Before the bell Monday, Meta (META) said in a regulatory filing that it intends to raise up to $95 billion in a series of stock offerings.
As Meta's Muse gains traction, Walmart is betting AI agents will drive new sales. Amazon sees them as a threat to the customer relationships and its commerce ecosystem.
Meta is entering its AI era (please ignore the company name, reflective of the last time it went all-in on an emerging technology), and it has a pretty clear playbook in mind: a cuteness honeypot. Its latest installation in the “what if we disguised our latest tech with an unassuming little mascot” is a Tamagotchi-like pet app called Waddle World.
