Meta
Meta is an American multinational technology conglomerate. It owns Facebook, Instagram, and WhatsApp, among other products and services.
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US Senate formally launches investigation into OpenAI: Focus on Hugging Face AI agent intrusion incident
Odaily News: The U.S. Senate announced that a Republican-led subcommittee has formally launched an investigation into OpenAI regarding its response to the July Hugging Face intrusion incident.It is reported that subcommittee chairman and Republican Senator Josh Hawley stated in a letter to OpenAI CEO Sam Altman on September 9 that OpenAI "redacted many important details" and continued testing after detecting anomalous AI behavior, calling the practice "reckless," and demanded that relevant responses and documents be submitted by October 1. In addition, Democratic Senator Richard Blumenthal also wrote to Sam Altman, requesting an explanation regarding reports that OpenAI's agents more broadly circumvented safeguards. The investigation stems from OpenAI's disclosure that its internally tested models bypassed isolation controls and intruded into some of Hugging Face's systems, after which Anthropic and Meta also reported similar AI agent intrusion incidents. (Reuters)
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long.xyz Co-founder: Stock Trading Pairs Will Become Crypto's "Final Meta," Plans to Expand Distribution Channels Beyond Crypto Twitter
long.xyz co-founder Nate posted on X platform stating that in the coming days, long.xyz will focus on building distribution channels that do not depend on public chains, crypto markets, or Meta cycles, and reiterated his view that Stock Pairs will become the "final Meta" of the crypto market.Nate stated that the market still underestimates the potential of the stock market in terms of narrative, distribution channels, and capital scale. The leading trading pairs on long.xyz have already begun to form their own independent narratives and distribution channels. Once they no longer rely solely on Crypto Twitter (CT), the scale could expand 1000x and become more PVE.He also stated that long.xyz will not frequently pivot its product direction due to emerging trends like AI Agents and Cat Memes, and will continue to focus on stock-related trading pairs, avoiding the Launchpad's constant rotation with different market Metas.
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Ark Invest increased its holdings of Meta Platforms stock by approximately $28.13 million yesterday.
According to data from the Ark Invest Tracker, Cathie Wood-led Ark Invest increased its holdings of Meta Platforms by 43,091 shares yesterday, worth approximately $28.13 million.
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Stablecoin payment company Latitude completes $35 million Series A funding round, with Lightspeed Faction and others participating
According to Fortune, stablecoin payment infrastructure company Latitude, founded by former employees of Stripe, Uber, Coinbase, and Meta, has announced the completion of a $35 million Series A funding round, led by Oak HC/FT, with participation from NEA, Coinbase, Lightspeed Faction, and OpenFX. Latitude aims to address the "last mile" challenge following cross-border stablecoin payments by providing enterprises with infrastructure that converts stablecoins into local currencies and facilitates fund disbursement through local payment methods such as bank accounts and mobile wallets. Its current clients span digital banks, payroll platforms, e-commerce marketplaces, and financial institutions. The company previously closed an $8 million seed round. The new capital will be used to scale its compliance, engineering, legal, and sales teams, while accelerating efforts to secure regulatory licenses in markets including Southeast Asia, Latin America, and Africa.
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Meta Launches AI Agent Muse, OpenAI Model Solves Mathematical Challenges
Meta officially launches its personal AI agent, Muse, with monthly fees reaching up to $100; OpenAI’s in-house model solves a Millennium Prize mathematical problem within 88 hours. Additionally, companies such as TSMC, Samsung, and ASML are advancing multiple collaborations and capacity expansion plans in the chip manufacturing and data center sectors.
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ByteDance Plans to Launch Real-Time Spatial Video Generative AI Model
According to Bloomberg, ByteDance is preparing to launch an artificial intelligence model for real-time spatial video generation, with applications spanning robotics and autonomous systems, and will compete with companies such as Meta and Alphabet. People familiar with the matter said that ByteDance founder Zhang Yiming is personally overseeing the model's development, coordinating multiple internal business divisions, and dedicating AI resources and computing power to support the effort. The model could be released as early as next month, though the specific timeline remains subject to change.
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Meta Releases CORAL Framework to Optimize Recommendation Systems Using Closed-Loop LLM Agents
Meta published the paper CORAL, proposing an LLM-native agent harness for closed-loop optimization of production-grade recommendation systems. Through closed-loop observation of runtime signals, retrieval of past decision memories, and invocation of tools such as numerical optimizers, the system continuously reconfigures online recommendation strategies within a fixed change budget. The paper demonstrates that the strategy progressively improves across iterative cycles without requiring parameter updates.
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Term Labs: All fixed-rate loan positions in affected vaults have been fully recovered; Meta Vault and related strategies remain suspended.
Term Labs released an update on the Term Vault incident, confirming that all fixed-rate loan positions held in the affected vaults had been fully recovered by 14:52 UTC on August 25, 2026. The team clarified that the incident was limited to the circulating balance within the Term Vault, and both Meta Vault and its related strategies remain offline.
August
Gate officially launches US stock options trading, initially covering 9 popular US stock targets including Nvidia, Tesla, and others
Gate has officially launched its US stock options trading service, initially covering 9 popular US stock targets, including Nvidia, Tesla, Apple, Meta, AMD, Micron, Amazon, and others, spanning hot sectors such as AI technology, semiconductors, electric vehicles, and cloud computing. Users can participate in US stock options trading by updating the Gate App to v8.35.0 or above.In terms of product experience, Gate's US stock options require no separate US stock account or margin account to be opened by users, and settle in USDT without involving physical stock delivery, making the trading and settlement process more direct. Meanwhile, the product initially supports intraday trading of US stocks and charges 0 platform fees and 0 options commissions, further lowering the barrier to participating in US stock options trading. Relevant third-party regulatory and clearing fees will be charged separately in accordance with applicable rules.This launch further completes Gate's global stock product ecosystem. Currently, Gate covers four core markets—US stocks, Hong Kong stocks, Korean stocks, and Japanese stocks—supporting over 12,800 stocks and ETFs, and offering services such as fractional share trading, stock dividends, and cross-broker transfers. With the addition of US stock options, users can not only participate directly in the stock and ETF markets but also gain more market participation choices around the future movements of popular US stock targets through strategies such as calls and puts.
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El Salvador Added 233 New Tokens in 2026, with 78% Concentrated in Q3
According to CriptoNoticias, data from El Salvador's National Digital Assets Commission (CNAD) shows that 233 new tokens were registered in the country's digital asset market in 2026, with 182 concentrated between July and August, accounting for 78.1% of the annual total. The registered assets encompass tokenized stocks of tech giants including Apple, Microsoft, Nvidia, Amazon, Alphabet, and Meta, alongside financial institutions such as JPMorgan Chase, Bank of America, Visa, and Mastercard. The list also features consumer brands like Walmart, Netflix, McDonald's, and Coca-Cola, as well as tokenized versions of indices and assets such as the S&P 500, NASDAQ 100, gold, and U.S. Treasury bonds. Major issuers include MIO 3 MARKETS 1 (101), Monetae Securities (70), and NexBridge Digital Financial Solutions (27). Additionally, 35 tokens originate from local Salvadoran enterprises, covering corporate bonds, commercial paper, real estate financing instruments, and venture capital agreements.
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Bernstein: Meta's Ad Revenue Could Surpass Google Search in Q4, E-Commerce Emerges as AI Advertising Winner
According to Chaoxiang Research, a Bernstein report dated August 31, 2026, notes that Meta is poised to surpass Google Search for the first time in Q4 2026, becoming the world’s largest single ad platform. By mid-2024, market expectations for 2026 Google Search ad revenue growth were just 8%, but have since been revised upward to 16%, while Meta’s have increased from 12% to 26%. Year-over-year growth for the digital advertising basket in H1 2026 hit 21%, far exceeding the 6% recorded in 2022. AI is driving simultaneous growth in both ad pricing and impression volumes, a rare combination achieved by both Meta and Google Search. Yet, digital advertising equities have underperformed across the board this year, whereas e-commerce stocks have significantly outperformed. E-commerce firms have reaped the same AI-driven advertising tailwinds but at a fraction of the cost, sidestepping the massive AI capital expenditure burden and associated valuation discounts. Bernstein has assigned an Overweight rating to Meta, Pinterest, and Amazon, with respective target prices of $800, $28, and $320. Key risks include whether AI investments can sustain growth momentum and potential deceleration in the advertising market.
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Yorkville, the manager of the Truth Social ETF, plans to launch over a dozen ETFs covering themes such as the digital economy and macro strategies.
According to Reuters, Yorkville America, the asset management company overseeing the Truth Social-branded ETF under Trump, is nearing the completion of an acquisition deal to further expand its product line by purchasing an institutional asset management firm, with the transaction expected to close in September. Yorkville CEO Steve Neamtz stated that the acquisition will be a crucial step in the company's strategic expansion, driving its business from its current product line focused on "America First" themed ETFs into the broader digital asset management sector. Neamtz added that this marks Yorkville's first foray into digital assets and crypto products, noting that the firm has already submitted applications to launch approximately 12 more ETFs over the coming weeks to months, covering themes such as the digital economy and macro strategies. Meanwhile, Yorkville also announced the launch of the MANGOS Plus Index ETF, which will list on the New York Stock Exchange (NYSE) and NYSE Texas. This is Yorkville's first ETF not managed under the Truth Social brand, primarily targeting prominent companies in the AI industry chain. The index tracked by this ETF covers Meta, Anthropic, Nvidia, Alphabet, OpenAI, and Space
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Meta reportedly planning to invest $10 billion in Anthropic's AI models, with internal evaluations of a large-scale partnership
Odaily News: Two sources familiar with the matter revealed that Meta internally projected earlier this year that it could spend up to $10 billion annually on Anthropic's AI models. This funding would account for a significant portion of Anthropic's annual revenue, which the company estimated in July to exceed $65 billion. (The New York Times)
AMD middle managers accused of diverting multiple engineers to ATOM inference engine project with almost no customers
Odaily News: SemiAnalysis posted on X that AMD middle managers are spending the time of more than 20 engineers trying to expand their sphere of influence and secure promotions through a useless side project called the "ATOM Inference Engine," rather than allocating those resources to inference engines actually being used by real customers like Meta and xAI, such as SGLang and vLLM.SemiAnalysis said that dozens of AMD engineers, including principal engineers and AMD Fellows, have privately contacted the firm, stating that due to internal office politics at AMD and support from some middle managers, they are unable to discuss their concerns internally. Middle managers are consuming the time of more than 20 full-time engineers to develop this side project with almost no customers, and the engineers involved are all "10x engineers" who should have been dedicated to developing customer-facing inference engines like vLLM and SGLang.SemiAnalysis said that middle managers will likely respond by pointing to the only customer using the project in a production environment—Alibaba, based on Qwen—but further investigation shows that this is merely a limited deployment of ATOM by Alibaba's enterprise business unit, not the main business unit behind Qwen.SemiAnalysis stated that AMD management has diverted resources and limited internal GPU R&D clusters away from engineers supporting production-grade inference engines such as vLLM and SGLang, instead using them to expand their own influence and engage in office politics, showing a profound lack of respect for AMD engineers.
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Morgan Stanley: Google Trades at 12% Premium, Meta at 30% Discount as Internet Giants' Valuations Polarize
According to Chaoxiang Research, a Morgan Stanley report dated August 25 noted that the internet sector declined by an average of 2% last week, with Meta down approximately 7%, Amazon down roughly 2%, and Google virtually flat. Current forward P/E ratios for 2026 stand at 19x for Amazon, 17x for Google, and 17x for Meta, reflecting discounts of 36%, a premium of 36%, and a discount of 24% relative to historical averages, respectively. On an EV/EBITDA basis, Amazon at 11.2x represents a 12% discount to its two-year average, Google at 15.1x implies an 8% premium, and Meta at 8.7x reflects a 30% discount. Morgan Stanley maintains an "Attractive" rating on the internet sector, highlighting that AI capabilities are emerging as a core variable driving valuation divergence. The sector's overall forward EV/EBITDA is 9% below the five-year average, while EV/Sales is 16% above it, underscoring a divergence between revenue and profit multiples. After reclassifying stock-based compensation as a cash expense, the adjusted EV/EBITDA for digital media rises by approximately 36% on average, e-commerce by 30%, and travel and the sharing economy by 44%. Upcoming catalysts include the launch of Google's Gemini 4, stabilization of Amazon Web Services (AWS) growth, progress in Meta's AI ad monetization, and shifts in the interest rate environment.
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Morgan Stanley: $3.1 Trillion in Off-Balance-Sheet AI Compute Commitments Emerge, Financing Structure Becomes a New Variable in the Supply Chain
According to Chaoxiang Research, a Morgan Stanley report dated August 24 indicates that the total disclosed off-balance-sheet commitments from hyperscalers, NVIDIA, and Broadcom have surpassed $3.1 trillion. Lease commitments total $1.1 trillion and procurement commitments $1.7 trillion, while the combined on-balance-sheet debt and lease liabilities of hyperscalers reach $770 billion. Amazon and Google's free cash flow turned negative in Q2 2026, with Meta expected to follow suit next quarter. Financing instruments are restructuring the AI compute capital structure across six dimensions: off-balance-sheet lease and procurement commitments form the first financing layer; the share of debt issuance rises from 2% in 2025 to 19% in 2026; Google frees up $110 billion by reducing share buybacks and issuing equity; Oracle records $4.6 billion in customer advance payments in Q2; and Broadcom and NVIDIA launch chip-leasing SPVs to support unrated AI labs. Morgan Stanley notes that when the financing structure itself becomes a core variable in the AI supply chain, tracking changes in off-balance-sheet commitments and accounting judgments is nearing the importance of tracking chip shipments themselves.
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Former X Head of Product Nikita Bier launches high-priced startup consulting on the Intro platform.
According to Fortune, Nikita Bier, former head of product at Elon Musk’s X and a serial entrepreneur, recently launched one-on-one video consulting services on the expert advice platform Intro, available exclusively to founders of venture-backed startups. His fee is $7,500 per 15-minute interval, with a minimum booking time of 30 minutes, bringing the starting price to $15,000 per session. Consultations cover topics such as startup growth, fundraising, investing, and product “virality.” Bier previously founded the anonymous social apps tbh and Gas, which both topped the US App Store charts before being acquired by Meta (formerly Facebook) and Discord in 2017 and 2023, respectively. He was named head of product at X in 2025, claiming to have driven the launch of around 30 products during his tenure. He has since stepped down from the position but remains on board as an advisor.
OpenAI Head of Data Centers Chris Malone Departs, With Over Ten Executive Departures This Year
According to TechCrunch, Chris Malone, OpenAI’s former head of data center strategy, left the company last week. Malone previously spent nearly five years at Meta and over 10 years at Google before joining OpenAI in March 2025, holding the role for a short tenure. OpenAI stated that it recently restructured its infrastructure team to match the pace of business expansion; under the new arrangement, Malone will no longer report directly to President Greg Brockman, with the team now led by Vice President Sachin Katti. The data center team, construction and delivery, and engineering operations are currently overseen by Uday Ruddarraju, Brent Mayo, and Spas Lazarov, respectively.
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Meta plans to launch AI agent platform Hatch in the coming weeks.
Meta plans to launch the OpenClaw AI assistant (codenamed Hatch) as early as the next few weeks, with a new model dubbed "Watermelon" set to release in October. The product aims to expand non-advertising revenue, with the highest monthly subscription fee potentially reaching $199.99.
Meta plans to launch the AI agent platform HATCH in the coming weeks.
According to The Information, tech giant Meta Platforms plans to officially launch its AI agent platform, "HATCH," in the coming weeks. This marks a key step for Meta in deploying AI applications and advancing its product strategy.