META.O News & Events

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled by The Fly.ANTHROPIC SUES PENTAGON:AI company Anthropic has filed two legal complaints against the U.S. Department of Defense in California and Washington, D.C. following a weeks-long conflict between the two parties over whether the military should have unrestricted access to Anthropic's AI systems, TechCrunch's Rebecca Bellan. The conflict arose after the Claude maker stated that it didn't want its technology to be used for mass surveillance of Americans and didn't believe it was prepared to power fully autonomous weapons with no humans making targeting and firing decisions. In response, Defense Secretary Pete Hegseth said that the Pentagon should have access to Anthropic's AI systems for "any lawful purpose," with the agency labeling Anthropic a supply chain risk last week, the author notes.ACQUISITION:OpenAI, "We're acquiring Promptfoo, an AI security platform that helps enterprises identify and remediate vulnerabilities in AI systems during development. Once the acquisition is finalized, we will integrate Promptfoo's technology directly into OpenAI Frontier, our platform for building and operating AI coworkers... The Promptfoo team, led by Ian Webster and Michael D'Angelo, has built a powerful suite of tools trusted by over 25 percent of Fortune 500 companies, along with a widely used open-source CLI and library for evaluating and red-teaming LLM applications. Together, we will continue building the open-source project while also advancing the integrated enterprise capabilities within Frontier."RESIGNATION:The head of OpenAI's robotics team, Caitlin Kalinowski, confirmed her resignation, saying in aon X, formerly Twitter, "I resigned from OpenAI. I care deeply about the Robotics team and the work we built together. This wasn't an easy call. AI has an important role in national security. But surveillance of Americans without judicial oversight and lethal autonomy without human authorization are lines that deserved more deliberation than they got. This was about principle, not people. I have deep respect for Sam and the team, and I'm proud of what we built together."DATA CENTER IN TEXAS:Oracleand OpenAI have scrapped plans to expand an artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, sources told Bloomberg Brody Ford, Ed Ludlow and Dina Bass. This created an opening for Meta Platformsto step in and consider leasing the planned expansion site from developer Crusoe after Nvidiahelped facilitate Meta's discussions with the developer, the news service reported on Friday afternoon.FUNDING ROUND:Together AI, a major cloud provider renting Nvidiachip servers to AI developers, is in advanced talks to raise roughly $1B in new funding at a pre-money valuation of about $7.5B, The Information's Valida Pau, Stephanie Palazzolo and Anissa Gardizy. The new funding round would more than double the startup's valuation from a year ago.AI DEALS:Samsung'sconsumer device chief TM Roh says the company is "open to strategic co-operation" with more AI groups, having recently added Perplexity to its mobile OS, in an effort to challenge Apple'ssmartphone lead, The Financial Times' Michael Acton.

Stocks had a down Friday to close out a down week after data showed unexpected job cuts and rising unemployment in February. Nonfarm payrolls fell by 92,000 in February, missing the growth of 55,000 that economists predicted, and the unemployment rate rose to 4.4% from 4.3%. Meanwhile, West Texas Intermediate futures broke above $90 per barrel for first time since October 2023 after President Donald Trump said in a Truth Social post that there won't be a deal to end the U.S.-Iran war without an "unconditional surrender."Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:President Trump and Secretary Hegseth met with the CEOs of defense companies today at the White House asthere "will be no deal with Iran except unconditional surrender"Marvellreceived a pair of upgrades and a number of price target hikes from Wall Street firms after itswere strongJPMorgan says Costco's"core story remains intact" following the membership club retailer'sGapshares traded lower after Old Navy and Athletain Q4Day One Biopharmaceuticalsby Servier for $21.50 per share in cash2. WALL STREET CALLS:Marvellwasto Buy at Benchmark and BofA on expectations for accelerating data center demandKarmanto Overweight at Piper SandlerOktato Outperform at BMO CapitalWedbushTrade Deskto Underperform, says impact of OpenAI partnership overestimatedZoetisto Hold from Buy at Nephron Research3. AROUND THE WEB:China near deal to order 500 Boeing737 Max jets, Bloomberg saysStates preparing to challenge planned tie-up of Nexstarwith Tegna, WSJ reportsPrivate equity firms including Blackstoneand TPGhave expressed interest in acquiring Whitestone REIT, Reuters reportsChina has approved Pfizer'sGLP-1 treatment Xianweiying for weight management in adults, Reuters saysMetahired the engineering team from Atma Sciences, the startup that makes the vibe coding app Gizmo, earlier in 2026 to join its Superintelligence Labs, Business Insider reports4. MOVERS:Samsaragained after reportingand providing guidance for Q1 and FY27ASP Isotopesincreased afterQuantum Leap Energy has entered into a non-binding MOU with a large publicly traded U.S. energy companyWestern Alliancedeclined after beingby Jefferies (JEF) that payments of $126.4M owed to the bank pursuant to a forbearance agreement will not be paid as agreedREalloysfell after announcing a 2.7MIngram Microdeclined after announcing a 8.999M5. EARNINGS/GUIDANCE:Algonquin Powersreportedand backed its guidance for FY26Embraerreported, with revenue beating consensusImmuneeringreported, with CEO Ben Zeskind commenting that 2025 was "a transformative year"SunCar Technologyreportedfor Q4Methode Electronicsreported Q3 results andfor FY26INDEXES:The Dow fell 0.95%, or 453.19, to 47,501.55, the Nasdaq lost 1.59%, or 361.31, to 22,387.68, and the S&P 500 declined 1.33%, or 90.69, to 6,740.02.

Oracle (ORCL) and OpenAI have scrapped plans to expand an artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, sources told Bloomberg Brody Ford, Ed Ludlow and Dina Bass. This created an opening for Meta Platforms (META) to step in and consider leasing the planned expansion site from developer Crusoe after Nvidia (NVDA) helped facilitate Meta's discussions with the developer, the sources added.

Stocks are down sharply at midday, adding to weekly declines, after the February jobs data showed unexpected job cuts and rising unemployment. Nonfarm payrolls fell by 92,000 in February, missing the growth of 55,000 that economists predicted, and the unemployment rate rose to 4.4% from 4.3%. Meanwhile, West Texas Intermediate futures broke above $89 per barrel after President Donald Trump said in a Truth Social post that there won't be a deal to end the U.S.-Iran war without an "unconditional surrender."Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:and Secretary Hegseth are said to be meeting with the CEOs of defense companies today at the White House as Trump proclaims there "will be no deal with Iran except unconditional surrender"Marvellreceived aand a number of price target hikes from Wall Street firms after its results and guidance were strongJPMorgan says Costco's"" following the membership club retailer's fiscal Q2 reportGapshares are trading lower after Old Navy and Athletaestimates in Q4Day One Biopharmaceuticalsannounced anby Servier for $21.50 per share in cash2. WALL STREET CALLS:Marvellwasto Buy at Benchmark and BofA on expectations for accelerating data center demandKarmanto Overweight at Piper SandlerOktato Outperform at BMO CapitalWedbushTrade Deskto Underperform, says impact of OpenAI partnership overestimatedZoetisto Hold from Buy at Nephron Research3. AROUND THE WEB:Private equity firms including Blackstoneand TPGhave expressed interest in acquiring Whitestone REIT, Reuters reportsChina has approved Pfizer'sGLP-1 treatment Xianweiying for weight management in adults, Reuters saysCarlyleand CVC have agreed to hand UBSsome of their performance fees in return for the bank selling the firms' products to wealthy individuals, FT saysMetahas hired the engineering team from Atma Sciences, the startup that makes the vibe coding app Gizmo, earlier in 2026 to join its Superintelligence Labs, Business Insider reportsThe Pentagon has notified Anthropic it has determined the company and its products are a risk to the U.S. supply chain, Bloomberg says4. MOVERS:Samsaragains afterand providing guidance for Q1 and FY27ASP Isotopesincreases after announcing Quantum Leap Energy has entered into awith a large publicly traded U.S. energy companyWestern Alliancedeclines after being informed by Jefferies that payments of $126.4M owed to the bank pursuant to a forbearance agreementas agreedREalloysfalls after announcing aIngram Microlower after announcing am5. EARNINGS/GUIDANCE:Algonquin Powersand backed its guidance for FY26Embraer, with revenue beating consensusImmuneering, with CEO Ben Zeskind commenting that "2025 was a transformative year"SunCar Technologyfor Q4Methode Electronicsand narrowed its guidance for FY26INDEXES:Near midday, the Dow was down 1.18%, or 566.51, to 47,388.23, the Nasdaq was down 0.77%, or 176.09, to 22,572.89, and the S&P 500 was down 1.01%, or 69.05, to 6,761.66.