Meta Platforms News - July 10, 2026
Meta Surges 6%, Cutting AI Infrastructure Costs with New Iris Chip
Meta Platforms shares rose more than 6% on July 10. Bank of America analysts report the company is building AI infrastructure with unexpected cost efficiency....
Meta Faces Hollywood Backlash, Using Public Instagram Photos for AI Tool
Meta faces criticism from privacy advocates and Hollywood organizations over its new Muse Image AI tool. The feature generates images using photos from any...
EU Alleges Meta's Facebook and Instagram Breach DSA with 'Addictive Design'
The European Commission has formally accused Meta of breaching the Digital Services Act (DSA), citing that the "addictive design" of Facebook and Instagram...
🟢 Meta is trading 6.9% up today as Iris AI chip production set for September
Meta is trading 6.9% higher at $675.08 following reports that its custom Iris AI chip will enter production in September. • The initiative is part of a...
🟢 Meta Platforms is trading 3.8% up today as Reuters reports its in-house AI chip will enter production in September
Meta Platforms is trading at $655.24 (+3.76%) in pre-market after Reuters reported that its in-house Iris AI chip is set to enter production in September. •...