Meta's AI focus may strain tech resources, impact crypto markets, and intensify competition with AI leaders, reshaping tech investment dynamics.
The post Mark Zuckerberg returns to X after 3 years to unveil Meta’s new coding AI model appeared first on Crypto Briefing.
The post Meta (META) Stock Surges $50 Following Neocloud Strategy Announcement appeared on BitcoinEthereumNews.com.
Key Takeaways Meta Platforms is launching a neocloud initiative to commercialize computing capacity and generate revenue from its extensive data center infrastructure. Shares have climbed approximately $50 following the neocloud strategy reveal. Wolfe Research maintains an Outperform rating with an $800 price objective; META shares currently sit at roughly $605.72. Wolfe Research has increased its fiscal 2027 capital expenditure projection for Meta to $220 billion, significantly exceeding Street estimates of $160 billion and above. The company anticipates 2026 capex ranging from $125 billion to $145 billion; Meta has also commenced construction on an AI-focused data center facility in Canada. Meta Platforms (META) shares are hovering around $605.72, gaining $2.60 in Thursday’s session, as two positive developments spotlight the tech giant’s aggressive artificial intellige
In its bid to spend less on GPUs from providers like Nvidia, Meta is on track to start making its the latest versions of its AI-specific chips in September.
The post Arbitrum to Capture 10% of Fees From Robinhood Chain appeared on BitcoinEthereumNews.com.
Offchain Labs co-founder Steven Goldfeder says every Arbitrum-based Layer 2, not just Arbitrum One, will now route a fee cut back to the ARB treasury. Arbitrum will collect 10% of fees generated on Robinhood Chain and every other Layer 2 built on its technology stack, Offchain Labs co-founder Steven Goldfeder said Wednesday on X. Of that cut, 8% goes to the tokenholder-controlled Arbitrum treasury and 2% funds development, he said. Goldfeder framed the fee-sharing model as a revenue play tied to enterprise growth. “As enterprise adoption is heating up, Arbitrum is well positioned to capture revenue,” he wrote, adding that Arbitrum One, the flagship rollup, sends 100% of its own fees to the treasury. The disclosure clarifies how Arbitrum’s Orbit framework, the toolkit third parties use to launch custom Layer 2 and Layer 3 chains on Arbitrum’s stack, monetizes for ARB holders beyond the bas
The post Zapper to Shut Down Aug. 3 After Nearly Seven Years appeared on BitcoinEthereumNews.com.
The DeFi portfolio tracker once handled $13 billion in transaction volume and 2 million monthly users before deciding an orderly wind-down was its best option. Zapper, the DeFi portfolio tracker and dashboard, will shut down entirely on August 3rd, co-founder and CEO Seb Audet said in a post on X Wednesday. The company’s website, mobile apps and API services will all go offline. Audet said the team “evaluated a number of different options, pursued some to the fullest extent possible,” before concluding that an orderly wind down is the best course of action. Existing API users will receive transition guidance by email, he said. Seven-Year Run Zapper launched in 2019 as a simple portfolio tracker Audet built for himself while exploring early DeFi, before scaling into a broader dashboard for tracking liquidity pools, yield farms and claimable rewards. At its peak, the platform served more tha
The post Michael Saylor Declares Bitcoin Has ‘No Spam Problem’ as BIP-110 Debate Escalates appeared on BitcoinEthereumNews.com.
Key Takeaways Michael Saylor’s Jul. 9 X post drew 938 replies, exposing deep Bitcoin community divisions. Grok found 65% opposed Saylor’s stance, while 25% backed his free-market Bitcoin view and 10% showed neutrality. BIP-110’s August rollout could reshape Bitcoin as the spam debate continues to intensify. On Wednesday, Michael Saylor took to the social media platform X to share his thoughts on the Bitcoin network. As of Jul. 9, 2026, at 9 a.m. EDT, Saylor’s post had been reposted more than 1,100 times, received 7,700 likes, and generated more than 757,000 impressions. 938 X accounts replied to Saylor’s post. Saylor stated: “After a decade of blockspace fears and non-monetary-use panics, Bitcoin still has no spam problem. Fees are 1 sat/vB: anyone can move any amount globally with immediate processing for ~$0.30. The free market has always solved Bitcoin’s bl
The DeFi portfolio tracker once handled $13 billion in transaction volume and 2 million monthly users before deciding an orderly wind-down was its best option.
Meta's AI advancements could reshape developer tools, challenging competitors to innovate and potentially altering market dynamics globally.
The post Meta debuts Muse Spark 1.1 with developer preview access, intensifying AI race with OpenAI and Anthropic appeared first on Crypto Briefing.