Meta Platforms News - May 5, 2026

Meta Sued by Major Publishers, Alleging Massive Copyright Infringement for Llama
META

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

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...