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Meta plans to significantly increase its investment in AI infrastructure, including data centers and servers, with capital expenditures expected to reach $66-72 billion in 2025, a $30 billion year-over-year increase. This aggressive investment will continue into 2026 as Meta pursues opportunities to expand its AI capabilities.
The company is developing leading AI infrastructure to build the best AI models and product experiences, with potential collaborations with financial partners to co-develop data centers. Meta has announced major AI "titan clusters" like Prometheus in Ohio and Hyperion in Louisiana, along with other unnamed projects.
Meta also anticipates increased employee compensation to attract AI engineers and researchers for its Superintelligence Labs unit, focusing on "personal superintelligence." The company's stock surged 10% after reporting strong revenue growth driven by AI-powered advertising tools, despite a $4.5 billion loss in its Reality Labs segment.
Conversion, an AI-powered marketing automation startup founded by UC Berkeley dropouts, has raised a $28 million Series A led by Abstract. The company was conceived when the founders sought to enhance HubSpot with automation features.
The startup's AI-driven approach allows for automating personalized follow-up emails and lead organization, which has attracted midsize businesses looking to replace legacy marketing tools.
With the new funding, Conversion aims to target businesses using older marketing tools, leveraging the growing interest in AI to reach nearly $10 million in ARR over the past two years. The company competes with legacy and AI-native marketing platforms in a crowded market.
Palo Alto Networks has announced its plans to acquire CyberArk, an identity management and security company, for $25 billion in a deal consisting of cash and stock.
This acquisition marks Palo Alto's entry into the identity security sector and is its largest acquisition to date under CEO Nikesh Arora, who has overseen over $7 billion in acquisitions since 2018.
Recent acquisitions by Palo Alto Networks include Dig Security, Talon Cyber Security and Bridgecrew.
This cybersecurity deal is among the largest in 2025, following Google's acquisition of Wiz for $32 billion.
Hackers breached Allianz Life and stole customer Social Security numbers along with other personal data.
The breach occurred on July 16 and compromised the customer relationship database through a social engineering attack.
Affected data includes names, dates of birth, postal addresses, and Social Security numbers of a majority of 1.4 million customers.
Allianz Life is notifying affected individuals starting August 1 with specific details about the compromised data.
This breach is part of a recent increase in cyberattacks targeting insurance companies using social engineering tactics.
Meta CEO Mark Zuckerberg outlines a vision for 'personal superintelligence,' hinting at a shift in AI model releases.
While emphasizing shared benefits, Zuckerberg acknowledges novel safety concerns and suggests careful consideration regarding open-sourcing advanced AI.
This signals a potential departure from Meta's historical focus on open-source models like Llama, raising questions about future AI monetization strategies.
Meta plans to deliver 'personal superintelligence' through devices like AR glasses and VR headsets, indicating a move towards closed models for advanced AI.
Despite this shift, Meta maintains its commitment to open-source AI, planning to release leading open-source models alongside training closed-source ones.