Alibaba launches US$537 Quark AI glasses to challenge devices from Meta, Xiaomi

A New Mexico judge ordered Meta to adopt child-safety measures after finding Facebook and Instagram caused psychological harm to children. Judge Bryan Biedscheid imposed a $567 million fine and, in the state only, set limits such as a 90-hour monthly cap for under-18s, AI chatbot restrictions, and warnings. Meta said it will appeal; the ruling follows earlier $375 million civil penalties.

Reuters reports Alibaba will require major users of its upcoming open-source Qwen 3.8-Max AI model to negotiate commercial licenses and share revenue from products built with the model. The revenue share rate is not yet set, and the measure may be introduced next week. The plan follows Moonshot’s Kimi K3 licensing, which can require paid deals and up to 30% revenue sharing.

SK Hynix’s board approved Aug 7, 2026 capital of ₩54.3T ($38.0B) for two South Korea fabs. Yongin Y2 DRAM fab gets ₩35.2T ($24.6B) and Cheongju M17 NAND fab gets ₩19.1T ($13.4B). First meaningful output is no earlier than 2029. Article cites US has no HBM wafer capacity and packaging grants cover assembly, not wafers.

Bloomberg and CNBC report Meta is creating a dedicated cloud business to sell enterprise access to its AI compute and hosted AI models, positioning it against AWS, Microsoft Azure, and Google Cloud. CNBC says Meta is deciding whether to offer raw capacity or AI models first. Meta raised 2026 capex guidance to $145B and issued $25B in bonds to fund buildout.

A New Mexico judge, Bryan Biedscheid, ordered Meta to add child-safety measures after comparing Facebook and Instagram to factories. The ruling fined Meta $567 million and added to $375 million from a March verdict. Requirements include a 90-hour monthly limit for under-18s in New Mexico, AI chatbot restrictions, and warnings, with Meta to appeal.

A court ordered Meta to pay $567 million to address children’s mental health and safety concerns, according to the court ruling reported in the article. The payment is intended to fund measures related to kids’ online safety. The decision may affect Meta’s legal costs and regulatory risk profile.