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Meta’s Muse Glimmer 30B Enters the Arena: Can Local AI on AMD Beat the Cloud?
AMD· 2026-08-19 20:00
We put Meta’s new Muse Glimmer 30B model on deck in our agentic ai game tournament for hours. Find out how it performed and how AMD brings 30 B agentic AI to the PC, locally, on-device, and without cloud token costs. Learn More: https://www.amd.com/en/blogs/2026/run-meta-muse-glimmer-30b-on-amd-ryzen-ai-max-and-radeon-gpus.html *** Subscribe: https://bit.ly/Subscribe_to_AMD Join the AMD Gaming Discord Server: https://discord.gg/amd-gaming Visit the AMD Gaming Community Website: https://www.amdgaming.com/ Li ...
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The Economist· 2026-08-19 19:20
If Meta loses the trial in California it could be forced to pay out billions of dollars. Register for free to learn why investors are not panicking yet https://t.co/8NHmMjwbrB ...
Marvell, Google Deepen Ties in AI Chip Race | Bloomberg Tech 8/19/2026
Bloomberg Technology· 2026-08-19 18:02
>> "BLOOMBERG TECH" HIS LIVE FROM THE HEART OF SILICON VALLEY, WITH ED LUDLOW IN SAN FRANCISCO. ED: THIS IS "BLOOMBERG TECH." MARV L AND GOOGLE EXPAND THEIR PARTNERSHIP FOR CHIP DEVELOPMENT, GIVING THE SEARCH GIANT THE RIGHT TO BUY AS MUCH AS $12 BILLION IN STOCK. SK HYNIX PLANS TO BUY BACK $29 BILLION OF SHARES AND RETURN MORE PROFITS FOR INVESTORS TO STABILIZE ITS STOCK AFTER FALLING MORE THAN 50% IN TWO MONTHS.AND ESTRADA FREEZES $100 MILLION -- AND A STARTUP RAISES $100 MILLION TO BRING NUCLEAR FUSION E ...
Current with Christine Romans – Aug. 19 | NBC News NOW
NBC News· 2026-08-19 17:48
CONTINUES RIGHT NOW. >> AND GOOD MORNING. IT'S 10 A.M. EASTERN, 7 A. M.ON THE WEST COAST. I'M CHRISTINE ROMANS. LET'S GET YOU CURRENT BREAKING THIS MORNING, A PROGRESSIVE UPSET IN FLORIDA.HOW A HEAVILY OUTSPENT DEMOCRAT PULLED OFF A SURPRISE VICTORY IN THE REPUBLICAN STATE. BREAKING OVERNIGHT, PRESIDENT TRUMP BACKS DOWN FROM NEW TARIFFS ON CANADA WITH JUST HOURS TO GO. ARE THE TWO COUNTRIES REALLY ANYWHERE NEAR A DEAL.HAYDEN PANETTIERE'S MOTHER, SPEAKING OUT FOR THE FIRST TIME AFTER HER DAUGHTER'S SUDDEN DE ...
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Bloomberg· 2026-08-19 16:45
Arturo Béjar spent six years working on child safety tools at Meta, but told a jury he did not fully understand the threats posed to young users on the platform until his 14-year-old daughter signed up for an Instagram account. https://t.co/wvfyX245eh ...
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MetaMask.eth 🦊· 2026-08-19 16:21
Need more futbol in your life?MetaMask has prediction markets for Europe's top football leagues.First up: Spain's LaLiga, live now. 👇 https://t.co/EQUXw7Q4Fn ...
The Price of Paying Attention | Lana Lee | TEDxOrangeCountySchoolOfTheArts
TEDx Talks· 2026-08-19 15:04
What do you think is the most valuable currency in the world. Well, contrary to popular belief, it's not Bitcoin, not stocks, not gold, not real estate either. The answer is actually attention.Your attention. And the truth [snorts] is, every scroll, every click, every second you spend staring at a screen is money in someone else's pocket. In 2024, Meta made 164.5% billion dollars in revenue.That's more than the GDP of most countries. Global advertising hit 1.4% trillion dollars in just 2025 alone. Now, we'r ...
Wall Street is HIDING the AI Debt Bomb (2008 Again)
Coin Bureau· 2026-08-19 14:00
Market Dynamics & Asset Depreciation - Rental value for Nvidia H100 chips experienced a 50 to 70 percent collapse from roughly $8 per hour in early 2024 to $2 to $3 by late 2025[1] - Hardware resale value is estimated by analysts to fall to around half of original purchase price after 3 years, while debt structures run for 5, 10, 15 years, and up to 2049[1] - Operators are depreciating GPUs over 4 to 6 years in accounts, though market data indicates real economic decay is closer to a 50 percent drop in 3 years[16][17] Financing Gap & Structured Debt - Morgan Stanley projects global data center capital expenditures between 2025 and 2028 at roughly $2.9 trillion, consisting of $1.3 trillion for buildings and power plus $1.6 trillion for computing hardware[3][4] - Hyperscalers' operating cash flow covers around $1.4 trillion, leaving a financing gap of roughly $1.5 trillion that requires heavy borrowing from private credit and securitized products[4][5] - Five major tech firms carry $1.35 trillion of reported debt alongside $1.65 trillion of off-balance sheet AI obligations, with hidden portions growing eight-fold in four years[12] Bitcoin Miners & AI Pivot - Weighted average cash cost to mine a single Bitcoin hovered between $75,000 and $88,000 across 2025 and 2026, leading miners to convert operations into AI data centers and sell over 15,000 coins[24][25] - Public miners disclosed over $70 billion in cumulative AI and high-performance computing contracts, with projections showing miners pulling up to 70 percent of revenue from AI by the end of the year[25][27] - Core Scientific posted a net loss of $347 million in the first quarter of 2026 before agreeing to a $9 billion all-stock buyout by CoreWeave to eliminate over $10 billion in future lease obligations[29][30]
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The Economist· 2026-08-19 13:40
California’s attorney-general has described the trial as Meta’s “tobacco moment”, likening the firm’s alleged deceptions to those that led to huge payouts by cigarette-makers in the 1990s. Will Meta be forced to hand over billions? https://t.co/uI4xKSKvEc ...
First Look: Meta Faces Trial, Target Surges, Moderna Cancer Vaccine Succeeds
GuruFocus· 2026-08-19 11:58
Legal and Regulatory Risks - Meta Platforms faces a landmark trial brought by California and other states seeking financial penalties and policy changes over alleged social media addiction and youth mental health harms [1][2] - The US Securities and Exchange Commission proposed new rules to clarify digital asset regulation and streamline capital formation for crypto entrepreneurs [5] Market Trends and Macroeconomics - Global government bond yields surged to their highest levels since 2007, raising financing costs and pressuring equity markets worldwide [2][4][5] - Global equity markets experienced volatility and risk-off sentiment, led by heavy selling in AI-related shares, particularly in Asian markets such as South Korea [6][9] - Oil prices climbed due to the expiration of the US-Iran ceasefire and renewed geopolitical risks raising concerns over global supply disruptions [9] Corporate Performance and Industry Dynamics - Unitry Robotics debuted on the Shanghai Star Market, soaring 460% on its first day of trading and closing with a market capitalization near 50 billion USD, becoming China's first listed humanoid robot maker [3] - Target delivered a strong earnings beat for the second quarter of fiscal year 2026 and raised its outlook driven by sales rebounds and a large tariff refund [4] - Moderna and Merck announced that their personalized mRNA cancer vaccine met key endpoints in a late-stage melanoma trial, sending Moderna shares up 50% in pre-market trading [7] - American Airlines announced plans to add 4,000 seatback entertainment screens across more than 800 aircraft and expand premium seating to attract higher-spending travelers [8]