Meta Platforms News - May 5, 2026
Meta Sued by Major Publishers, Alleging Massive Copyright Infringement for Llama
Publishers including Elsevier Inc., Cengage Learning Inc., and Hachette Book Group Inc. filed a class-action lawsuit against Meta Platforms. The complaint,...
Meta Secures $13 Billion for Texas AI Center, Fueling Infrastructure Expansion
Meta Platforms is arranging a $13 billion financing package for a new AI data center in El Paso, Texas. Morgan Stanley and JPMorgan Chase are leading the...