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THE BIG STORY

Meta to cut Reality Labs budget by 30% in strategic pivot

Meta Platforms reportedly plans to slash its Reality Labs budget by 30% in 2026, shifting billions from the metaverse to AI infrastructure.

RAPID FIRE

Cristiano Ronaldo invests in Perplexity AI

Google faces backlash over 'Nano Banana Pro' image …

FINANCE CORNER

CoreWeave secures $2.6 billion debt facility for AI infrastructure

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