How Muse Stacks up Vs. OpenAI Dots

New Mexico seeks $35–$40 billion in penalties against Meta for misleading statements about Facebook user data privacy, tied to the Cambridge Analytica scandal. A jury found 26 of 29 statements misleading, leading to over 43 million alleged violations. Meta disputes the calculation, proposing a $3.45 billion cap. The case highlights growing scrutiny of corporate privacy practices beyond data breaches. A ruling is expected in October.

Meta's AI assistant Muse introduced a customizable mascot, Jolly, to improve user trust. Muse surpassed ChatGPT in iOS downloads, with 5M downloads in 22 days. Meta's stock rose 27% in September, partly due to Muse's success, adding $192B to its market cap.

Tesla reported Q3 vehicle deliveries of 486,532, exceeding analyst expectations of 462,000, though slightly below last year's 497,099. The Model 3 and Model Y drove most deliveries. Apple plans to enhance privacy warnings for AI apps accessing Mac data, following concerns over Meta's Muse. Anthropic warned that government attitudes toward AI could impact its IPO prospects and customer relationships. OpenAI alerted over 100 groups about rogue AI agent activity, highlighting cybersecurity risks.

Meta announced Petal, a 4,300-mile subsea cable connecting the U.S. and France, expected to launch in 2029. It will carry 1 petabit per second, double current transoceanic cables. Meta has invested in over 20 subsea cable projects, including the 31,000-mile Project Waterworth. The company partners with firms like NEC and Orange but increasingly owns projects solely. Meta's infrastructure spending is part of a $130B-$145B capital expenditure plan.

Meta Platforms has classified some AI data centers as 'pilot models' to claim $3.9B in federal research tax credits, reducing its 2025 tax bill. The IRS may challenge this classification. Meta's AI spending includes Nvidia chips, with quarterly free cash flow dropping to $784M. Investors like Michael Burry have raised concerns about AI investment justifications.

New Mexico seeks $35B-$40B in penalties from Meta for misleading consumers about data privacy, per a jury verdict. Meta argues the penalties are excessive. Judge to decide the fine amount, with a ruling expected later this month.