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Meta is playing the AI game with house money

Meta is playing the AI game with house money

Mark Zuckerberg’s AI hiring spree is costing a lot of money. His investors don’t care.

Meta’s stock price shot up over 10 percent on Wednesday after the company reported better-than-expected earnings. Revenue generated in the second quarter was $47.5 billion, up 22 percent from a year ago. Daily users across Facebook, Instagram, Threads, and WhatsApp grew to almost 3.5 billion. Meta also warned Wall Street that it would spend more on data centers and hiring next year. In response to all this, the company’s valuation increased by over $175 billion, or more than 12 Scale AI deals.

”Our business continues to perform very well, which enables us to invest heavily in our AI efforts,” Zuckerberg said during today’s earnings call. Meta’s cash cannon is now fully pointed at his new moonshot of achieving superintelligence, or as he puts it, AI that “surpasses human intelligence in every way.” He bragged about providing the richly compensated members of his new superintelligence lab “access to unparalleled compute” for training new models that will “push the next frontier in a year or so.”

Zuckerberg’s last moonshot was the metaverse, which came up only once at the very end of today’s earnings call. It’s too early to compare the two projects, but they share a key similarity: they need the kind of funding that only a company like Meta can provide.

Where AI differs from the metaverse, however, is that it appears to be already improving Meta’s ads business. A new AI model for delivering ads has driven approximately five percent more conversions on Facebook and three percent more conversions on Instagram, according to CFO Susan Li. Large language models are also starting to power how posts are ranked in feeds across the company’s apps, including Threads.

While Meta is still spending heavily on the metaverse (it’s on track to spend a total of $100 billion on its Reality Labs division this year), there’s no mistaking the fact that AI is officially Zuckerberg’s top priority. This time, though, he’s playing catch-up in a heated race, not trying to invent a new platform from scratch. The stakes are much higher, even if he’s playing the game with house money.

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#Meta #playing #game #house #money

Five-year-old European military drone startup Helsing is reportedly close to raising a new $1.2 billion round at about an $18 billion valuation. The round is expected to be led by Dragoneer and co-led by existing Helsing investor Lightspeed, the Financial Times reported.

Helsing last raised just under a year ago, in June 2025, in a deal that was led by billionaire Spotify founder Daniel Ek. That was a €600 million investment at an estimated €12 billion valuation ($14 billion USD). So this new round is a step-up.

While Helsing isn’t the only European unicorn defense tech, it is by far the one that investors deem the most valuable. For instance, German drone maker Quantum Systems raised €180 million in November, which valued it at more than €3 billion. And a year ago, Lisbon-headquartered Tekever raised £400 million at a valuation above £1 billion. Amid Russia’s ongoing war in Ukraine, the proving ground for new technologies, autonomous defense startups have become a hot area for VCs.

Helsing, Dragoneer, and Lightspeed could not be immediately reached for comment.

#Daniel #Ekbacked #defense #tech #Helsing #raise #1.2B #18B #valuation #TechCrunchdrones,Fundraise,helsing">Daniel Ek-backed defense tech Helsing to raise .2B at B valuation | TechCrunch
Five-year-old European military drone startup Helsing is reportedly close to raising a new .2 billion round at about an  billion valuation. The round is expected to be led by Dragoneer and co-led by existing Helsing investor Lightspeed, the Financial Times reported.

Helsing last raised just under a year ago, in June 2025, in a deal that was led by billionaire Spotify founder Daniel Ek. That was a €600 million investment at an estimated €12 billion valuation ( billion USD). So this new round is a step-up.







While Helsing isn’t the only European unicorn defense tech, it is by far the one that investors deem the most valuable. For instance, German drone maker Quantum Systems raised €180 million in November, which valued it at more than €3 billion. And a year ago, Lisbon-headquartered Tekever raised £400 million at a valuation above £1 billion. Amid Russia’s ongoing war in Ukraine, the proving ground for new technologies, autonomous defense startups have become a hot area for VCs.

Helsing, Dragoneer, and Lightspeed could not be immediately reached for comment.


#Daniel #Ekbacked #defense #tech #Helsing #raise #1.2B #18B #valuation #TechCrunchdrones,Fundraise,helsing

Helsing is reportedly close to raising a new $1.2 billion round at about an $18 billion valuation. The round is expected to be led by Dragoneer and co-led by existing Helsing investor Lightspeed, the Financial Times reported.

Helsing last raised just under a year ago, in June 2025, in a deal that was led by billionaire Spotify founder Daniel Ek. That was a €600 million investment at an estimated €12 billion valuation ($14 billion USD). So this new round is a step-up.

While Helsing isn’t the only European unicorn defense tech, it is by far the one that investors deem the most valuable. For instance, German drone maker Quantum Systems raised €180 million in November, which valued it at more than €3 billion. And a year ago, Lisbon-headquartered Tekever raised £400 million at a valuation above £1 billion. Amid Russia’s ongoing war in Ukraine, the proving ground for new technologies, autonomous defense startups have become a hot area for VCs.

Helsing, Dragoneer, and Lightspeed could not be immediately reached for comment.

#Daniel #Ekbacked #defense #tech #Helsing #raise #1.2B #18B #valuation #TechCrunchdrones,Fundraise,helsing">Daniel Ek-backed defense tech Helsing to raise $1.2B at $18B valuation | TechCrunch

Five-year-old European military drone startup Helsing is reportedly close to raising a new $1.2 billion round at about an $18 billion valuation. The round is expected to be led by Dragoneer and co-led by existing Helsing investor Lightspeed, the Financial Times reported.

Helsing last raised just under a year ago, in June 2025, in a deal that was led by billionaire Spotify founder Daniel Ek. That was a €600 million investment at an estimated €12 billion valuation ($14 billion USD). So this new round is a step-up.

While Helsing isn’t the only European unicorn defense tech, it is by far the one that investors deem the most valuable. For instance, German drone maker Quantum Systems raised €180 million in November, which valued it at more than €3 billion. And a year ago, Lisbon-headquartered Tekever raised £400 million at a valuation above £1 billion. Amid Russia’s ongoing war in Ukraine, the proving ground for new technologies, autonomous defense startups have become a hot area for VCs.

Helsing, Dragoneer, and Lightspeed could not be immediately reached for comment.

#Daniel #Ekbacked #defense #tech #Helsing #raise #1.2B #18B #valuation #TechCrunchdrones,Fundraise,helsing
OPPO Find X9 Ultra. And OPPO clearly wants to be at the center of that movement in India. The company has now announced a new Filmmaker Accelerator Program, in collaboration with Warner Bros. Discovery, as part of its newly launched OPPO LUMO Creator Program. The initiative is aimed at emerging Indian creators and focuses heavily on short-form mobile storytelling.

OPPO Wants Creators to “Meet Culture Anew”

OPPO Launches Filmmaker Accelerator Program in India With Discovery
	
Mobile photography used to be about taking the least muddied photo, but that’s not the case anymore. Smartphone photography is getting better every year, thanks to phones like the OPPO Find X9 Ultra. And OPPO clearly wants to be at the center of that movement in India. The company has now announced a new Filmmaker Accelerator Program, in collaboration with Warner Bros. Discovery, as part of its newly launched OPPO LUMO Creator Program. The initiative is aimed at emerging Indian creators and focuses heavily on short-form mobile storytelling.



OPPO Wants Creators to “Meet Culture Anew”






This year marks the third edition of OPPO’s Culture in a Shot initiative. Previous themes focused on documenting traditions and celebrations, but the 2026 edition shifts toward something broader. The new theme, “Meet Culture Anew, Make Your Moment,” focuses on how younger creators reinterpret culture through everyday moments, fashion, food, travel, and digital expression. 



The centerpiece here is the Filmmaker Accelerator Program, which OPPO and Discovery are positioning as a proper mentorship pipeline for young creators. Selected participants will receive guidance from industry professionals across storytelling, filming, and post-production. OPPO will also provide access to its latest smartphones and creator grants.



Speaking on the matter, Goldee Patnaik, Head of Communications at OPPO India, said




At OPPO, we believe technology should empower people to tell stories that matter.‘Culture in a Shot’ reflects our belief that culture is living, evolving, and best expressed through real people and everyday moments. With the introduction of a dedicated video category this year, we aim to inspire a new generation of creators to tell powerful stories through short-form visual content and share them with the world.




The biggest winner gets:




₹5 lakh cash prize



An OPPO Find X9 Ultra smartphone



An opportunity to direct a collaborative short film with OPPO x Discovery later this year



Official recognition across OPPO India platforms




To participate, creators need to upload original videos on Instagram, 30 seconds to 10 minutes long, using hashtags such as #OPPOxDiscovery, #CultureInAShot, and #ShotOnOPPO. The contest runs from May 5 to July 15, 2026.





#OPPO #Launches #Filmmaker #Accelerator #Program #India #DiscoveryOppo

This year marks the third edition of OPPO’s Culture in a Shot initiative. Previous themes focused on documenting traditions and celebrations, but the 2026 edition shifts toward something broader. The new theme, “Meet Culture Anew, Make Your Moment,” focuses on how younger creators reinterpret culture through everyday moments, fashion, food, travel, and digital expression.

The centerpiece here is the Filmmaker Accelerator Program, which OPPO and Discovery are positioning as a proper mentorship pipeline for young creators. Selected participants will receive guidance from industry professionals across storytelling, filming, and post-production. OPPO will also provide access to its latest smartphones and creator grants.

Speaking on the matter, Goldee Patnaik, Head of Communications at OPPO India, said

At OPPO, we believe technology should empower people to tell stories that matter.‘Culture in a Shot’ reflects our belief that culture is living, evolving, and best expressed through real people and everyday moments. With the introduction of a dedicated video category this year, we aim to inspire a new generation of creators to tell powerful stories through short-form visual content and share them with the world.

The biggest winner gets:

  • ₹5 lakh cash prize
  • An OPPO Find X9 Ultra smartphone
  • An opportunity to direct a collaborative short film with OPPO x Discovery later this year
  • Official recognition across OPPO India platforms

To participate, creators need to upload original videos on Instagram, 30 seconds to 10 minutes long, using hashtags such as #OPPOxDiscovery, #CultureInAShot, and #ShotOnOPPO. The contest runs from May 5 to July 15, 2026.

#OPPO #Launches #Filmmaker #Accelerator #Program #India #DiscoveryOppo">OPPO Launches Filmmaker Accelerator Program in India With Discovery
	
Mobile photography used to be about taking the least muddied photo, but that’s not the case anymore. Smartphone photography is getting better every year, thanks to phones like the OPPO Find X9 Ultra. And OPPO clearly wants to be at the center of that movement in India. The company has now announced a new Filmmaker Accelerator Program, in collaboration with Warner Bros. Discovery, as part of its newly launched OPPO LUMO Creator Program. The initiative is aimed at emerging Indian creators and focuses heavily on short-form mobile storytelling.



OPPO Wants Creators to “Meet Culture Anew”






This year marks the third edition of OPPO’s Culture in a Shot initiative. Previous themes focused on documenting traditions and celebrations, but the 2026 edition shifts toward something broader. The new theme, “Meet Culture Anew, Make Your Moment,” focuses on how younger creators reinterpret culture through everyday moments, fashion, food, travel, and digital expression. 



The centerpiece here is the Filmmaker Accelerator Program, which OPPO and Discovery are positioning as a proper mentorship pipeline for young creators. Selected participants will receive guidance from industry professionals across storytelling, filming, and post-production. OPPO will also provide access to its latest smartphones and creator grants.



Speaking on the matter, Goldee Patnaik, Head of Communications at OPPO India, said




At OPPO, we believe technology should empower people to tell stories that matter.‘Culture in a Shot’ reflects our belief that culture is living, evolving, and best expressed through real people and everyday moments. With the introduction of a dedicated video category this year, we aim to inspire a new generation of creators to tell powerful stories through short-form visual content and share them with the world.




The biggest winner gets:




₹5 lakh cash prize



An OPPO Find X9 Ultra smartphone



An opportunity to direct a collaborative short film with OPPO x Discovery later this year



Official recognition across OPPO India platforms




To participate, creators need to upload original videos on Instagram, 30 seconds to 10 minutes long, using hashtags such as #OPPOxDiscovery, #CultureInAShot, and #ShotOnOPPO. The contest runs from May 5 to July 15, 2026.





#OPPO #Launches #Filmmaker #Accelerator #Program #India #DiscoveryOppo

. And OPPO clearly wants to be at the center of that movement in India. The company has now announced a new Filmmaker Accelerator Program, in collaboration with Warner Bros. Discovery, as part of its newly launched OPPO LUMO Creator Program. The initiative is aimed at emerging Indian creators and focuses heavily on short-form mobile storytelling.

OPPO Wants Creators to “Meet Culture Anew”

OPPO Launches Filmmaker Accelerator Program in India With Discovery
	
Mobile photography used to be about taking the least muddied photo, but that’s not the case anymore. Smartphone photography is getting better every year, thanks to phones like the OPPO Find X9 Ultra. And OPPO clearly wants to be at the center of that movement in India. The company has now announced a new Filmmaker Accelerator Program, in collaboration with Warner Bros. Discovery, as part of its newly launched OPPO LUMO Creator Program. The initiative is aimed at emerging Indian creators and focuses heavily on short-form mobile storytelling.



OPPO Wants Creators to “Meet Culture Anew”






This year marks the third edition of OPPO’s Culture in a Shot initiative. Previous themes focused on documenting traditions and celebrations, but the 2026 edition shifts toward something broader. The new theme, “Meet Culture Anew, Make Your Moment,” focuses on how younger creators reinterpret culture through everyday moments, fashion, food, travel, and digital expression. 



The centerpiece here is the Filmmaker Accelerator Program, which OPPO and Discovery are positioning as a proper mentorship pipeline for young creators. Selected participants will receive guidance from industry professionals across storytelling, filming, and post-production. OPPO will also provide access to its latest smartphones and creator grants.



Speaking on the matter, Goldee Patnaik, Head of Communications at OPPO India, said




At OPPO, we believe technology should empower people to tell stories that matter.‘Culture in a Shot’ reflects our belief that culture is living, evolving, and best expressed through real people and everyday moments. With the introduction of a dedicated video category this year, we aim to inspire a new generation of creators to tell powerful stories through short-form visual content and share them with the world.




The biggest winner gets:




₹5 lakh cash prize



An OPPO Find X9 Ultra smartphone



An opportunity to direct a collaborative short film with OPPO x Discovery later this year



Official recognition across OPPO India platforms




To participate, creators need to upload original videos on Instagram, 30 seconds to 10 minutes long, using hashtags such as #OPPOxDiscovery, #CultureInAShot, and #ShotOnOPPO. The contest runs from May 5 to July 15, 2026.





#OPPO #Launches #Filmmaker #Accelerator #Program #India #DiscoveryOppo

This year marks the third edition of OPPO’s Culture in a Shot initiative. Previous themes focused on documenting traditions and celebrations, but the 2026 edition shifts toward something broader. The new theme, “Meet Culture Anew, Make Your Moment,” focuses on how younger creators reinterpret culture through everyday moments, fashion, food, travel, and digital expression.

The centerpiece here is the Filmmaker Accelerator Program, which OPPO and Discovery are positioning as a proper mentorship pipeline for young creators. Selected participants will receive guidance from industry professionals across storytelling, filming, and post-production. OPPO will also provide access to its latest smartphones and creator grants.

Speaking on the matter, Goldee Patnaik, Head of Communications at OPPO India, said

At OPPO, we believe technology should empower people to tell stories that matter.‘Culture in a Shot’ reflects our belief that culture is living, evolving, and best expressed through real people and everyday moments. With the introduction of a dedicated video category this year, we aim to inspire a new generation of creators to tell powerful stories through short-form visual content and share them with the world.

The biggest winner gets:

  • ₹5 lakh cash prize
  • An OPPO Find X9 Ultra smartphone
  • An opportunity to direct a collaborative short film with OPPO x Discovery later this year
  • Official recognition across OPPO India platforms

To participate, creators need to upload original videos on Instagram, 30 seconds to 10 minutes long, using hashtags such as #OPPOxDiscovery, #CultureInAShot, and #ShotOnOPPO. The contest runs from May 5 to July 15, 2026.

#OPPO #Launches #Filmmaker #Accelerator #Program #India #DiscoveryOppo">OPPO Launches Filmmaker Accelerator Program in India With Discovery

Mobile photography used to be about taking the least muddied photo, but that’s not the case anymore. Smartphone photography is getting better every year, thanks to phones like the OPPO Find X9 Ultra. And OPPO clearly wants to be at the center of that movement in India. The company has now announced a new Filmmaker Accelerator Program, in collaboration with Warner Bros. Discovery, as part of its newly launched OPPO LUMO Creator Program. The initiative is aimed at emerging Indian creators and focuses heavily on short-form mobile storytelling.

OPPO Wants Creators to “Meet Culture Anew”

OPPO Launches Filmmaker Accelerator Program in India With Discovery
	
Mobile photography used to be about taking the least muddied photo, but that’s not the case anymore. Smartphone photography is getting better every year, thanks to phones like the OPPO Find X9 Ultra. And OPPO clearly wants to be at the center of that movement in India. The company has now announced a new Filmmaker Accelerator Program, in collaboration with Warner Bros. Discovery, as part of its newly launched OPPO LUMO Creator Program. The initiative is aimed at emerging Indian creators and focuses heavily on short-form mobile storytelling.



OPPO Wants Creators to “Meet Culture Anew”






This year marks the third edition of OPPO’s Culture in a Shot initiative. Previous themes focused on documenting traditions and celebrations, but the 2026 edition shifts toward something broader. The new theme, “Meet Culture Anew, Make Your Moment,” focuses on how younger creators reinterpret culture through everyday moments, fashion, food, travel, and digital expression. 



The centerpiece here is the Filmmaker Accelerator Program, which OPPO and Discovery are positioning as a proper mentorship pipeline for young creators. Selected participants will receive guidance from industry professionals across storytelling, filming, and post-production. OPPO will also provide access to its latest smartphones and creator grants.



Speaking on the matter, Goldee Patnaik, Head of Communications at OPPO India, said




At OPPO, we believe technology should empower people to tell stories that matter.‘Culture in a Shot’ reflects our belief that culture is living, evolving, and best expressed through real people and everyday moments. With the introduction of a dedicated video category this year, we aim to inspire a new generation of creators to tell powerful stories through short-form visual content and share them with the world.




The biggest winner gets:




₹5 lakh cash prize



An OPPO Find X9 Ultra smartphone



An opportunity to direct a collaborative short film with OPPO x Discovery later this year



Official recognition across OPPO India platforms




To participate, creators need to upload original videos on Instagram, 30 seconds to 10 minutes long, using hashtags such as #OPPOxDiscovery, #CultureInAShot, and #ShotOnOPPO. The contest runs from May 5 to July 15, 2026.





#OPPO #Launches #Filmmaker #Accelerator #Program #India #DiscoveryOppo

This year marks the third edition of OPPO’s Culture in a Shot initiative. Previous themes focused on documenting traditions and celebrations, but the 2026 edition shifts toward something broader. The new theme, “Meet Culture Anew, Make Your Moment,” focuses on how younger creators reinterpret culture through everyday moments, fashion, food, travel, and digital expression.

The centerpiece here is the Filmmaker Accelerator Program, which OPPO and Discovery are positioning as a proper mentorship pipeline for young creators. Selected participants will receive guidance from industry professionals across storytelling, filming, and post-production. OPPO will also provide access to its latest smartphones and creator grants.

Speaking on the matter, Goldee Patnaik, Head of Communications at OPPO India, said

At OPPO, we believe technology should empower people to tell stories that matter.‘Culture in a Shot’ reflects our belief that culture is living, evolving, and best expressed through real people and everyday moments. With the introduction of a dedicated video category this year, we aim to inspire a new generation of creators to tell powerful stories through short-form visual content and share them with the world.

The biggest winner gets:

  • ₹5 lakh cash prize
  • An OPPO Find X9 Ultra smartphone
  • An opportunity to direct a collaborative short film with OPPO x Discovery later this year
  • Official recognition across OPPO India platforms

To participate, creators need to upload original videos on Instagram, 30 seconds to 10 minutes long, using hashtags such as #OPPOxDiscovery, #CultureInAShot, and #ShotOnOPPO. The contest runs from May 5 to July 15, 2026.

#OPPO #Launches #Filmmaker #Accelerator #Program #India #DiscoveryOppo

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