News · Yahoo Finance

Meta buys AI coding startup Conductor

Meta has acquired Conductor, an AI coding startup founded in 2024, for an undisclosed sum. The platform lets software engineers run multiple AI models, including Claude Code, Codex, Cursor and OpenCode, in parallel, and CEO Charlie Holtz said the team will build new interfaces within Meta. Conductor has halted new registrations and downloads and blocked free accounts from upgrading to paid tiers, with Cloud workspaces becoming read-only on 13 November and Cloud data deleted from 20 November, while the local client runs until early 2027. The deal comes as Meta raises funds for AI infrastructure, including a $15bn five-part US dollar bond launched earlier this month.

Summary written by Upside AI from the original article. Read the source for full details.

Read the original on Yahoo Finance ↗

Keywords

METAmergers and acquisitionsartificial intelligencesoftware

Open a keyword to see other news on the same topic.

Related tickers and likely impact

META

▲ Likely positive

Meta Platforms

Relevance: low

MarketUS stocks
SectorCommunication Services
IndustryInteractive Media & Services
Market cap$1.6T
Close on 11/04/2026629.89
Change that session+1.43%
META price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • Exclusive: Meta buys AI startup, joins race to own coding in show of outsized ambition

    Meta has acquired Conductor, an AI coding startup that lets software engineers manage multiple coding agents at the same time, according to sources who spoke to Axios exclusively. The deal positions Meta in the race to own coding.

    Yahoo Finance·▲ METAMETAmergers and acquisitionsartificial intelligence
  • Why Intuit Stock Jumped 24% in October

    According to S&P Global Market Intelligence, Intuit shares rose 24% in October as investors rotated out of AI stocks into beaten-down names in other sectors, including Intuit, which had underperformed on concerns AI could disrupt it. The main catalyst was Intuit's acquisition of Sequence, a revenue management company that automates the quote-to-revenue process and is expected to complement QuickBooks and Enterprise Suite; the stock jumped 6.4% on October 15. Intuit also rolled out upgrades to its Intuit Intelligence platform, including industry-specific editions of Enterprise Suite. Despite the rebound, the stock is still down 48% this year, with a price-to-earnings ratio of about 21, as growth has slowed and earnings per share are expected to fall in the new fiscal year. The author argues that if Intuit can use these tools to restore profit growth, the stock could keep rising.

    Yahoo Finance·softwareartificial intelligencemergers and acquisitions
  • AIMG Sizes AI Governance Platforms Market at $12.5 Billion by 2030; Microsoft, Databricks and Salesforce Top AI LeaderMap®

    According to AI Markets Group (AIMG), the AI governance platforms market is estimated at $3.6 billion in 2027 and $12.5 billion by 2030, a 51% CAGR. While 98% of organizations maintain AI data-access policies, 86% of IT leaders saw AI tools or agents access sensitive data beyond their intended scope last year. Most spend is embedded in hyperscaler, security and identity platforms, while agent governance grows fastest at 81% a year. AIMG expects most stand-alone specialists to be acquired or merged by 2028, and says buyers should link a single AI inventory to runtime guardrails before the 2027 EU deadlines.

    Yahoo Finance·artificial intelligencecybersecuritymergers and acquisitions
  • ServiceNow Climbs 5% After Denying Decagon Acquisition Interest; Salesforce Rises 4%, Palantir Dips

    ServiceNow (NOW) shares rose 5% to $146.93 in midday trading after the company rejected reports that it planned to buy Decagon, a privately held maker of AI customer-service agents. President, Chief Product Officer and COO Amit Zavery said ServiceNow "has no interest or intention of purchasing Decagon," that its acquisition approach is unchanged, and that it prioritizes organic growth and sees no major strategic gaps requiring large deals. Salesforce (CRM) gained 4% to $245.39, while Palantir (PLTR) fell 0.9% to $199.07. The iShares Expanded Tech-Software Sector ETF (IGV) rose 0.9% and the Invesco QQQ Trust (QQQ) fell 0.7%, and the article notes that Salesforce's gain may rest more on sympathy than on company-specific news.

    Yahoo Finance·▲ QQQServiceNowsoftwareartificial intelligence
  • Burke Wealth Sees Meta Platforms’ (META) Muse AI Assistant as a Potential Growth Catalyst

    Burke Wealth Management's Focused Growth Strategy returned 10.8% net of fees in Q3 2026, versus 2.3% for the S&P 500 Total Return Index, and 20.0% year to date against 12.7% for the benchmark. The firm credits a sharp recovery in enterprise software and renewed interest in platforms that connect AI models with proprietary business data, which it sees as essential AI 'harnesses' for permissions, security and context, while cautioning that AI agents could challenge seat-based pricing. The letter also takes a closer look at Meta Platforms' (NASDAQ:META) new Muse personal assistant and what it could mean for Meta and consumers. Per the article, META shares fell 13.01% over one month and closed at about $642.62 on October 23, 2026, with a market capitalization of about $163 trillion and a 52-week range of $520.26 to $779.82.

    Yahoo Finance·▲ METAMETAartificial intelligencesoftware
  • Four Labs Converged on a $20M Revenue Gate. For Agent Builders, That Is a Deployment Ceiling

    Four AI developers, StepFun, Meta, Moonshot AI, and Mistral, have each begun gating commercial deployment of open-weight models at $20 million in revenue within eleven weeks. Moonshot's Kimi K3 requires a separate agreement for Model-as-a-Service businesses whose aggregate revenue, including affiliates, exceeds $20M over any consecutive 12 months, while StepFun adds a license for device makers at any size. Mistral's test is monthly revenue above $20M, and Meta's Muse Model License applies to service operators above $20M in aggregate gross group revenue over any consecutive 12 months. The author notes that Meta's license was confirmed via search rather than read directly, one secondary source cites $20M per month, and the agreement terms are unpublished. The analysis concludes that the matching figure reflects imitation around a market-clearing number rather than coordination, since the triggers and mechanics differ.

    Yahoo Finance·artificial intelligencesoftwareMETA

Related markets

US stocks →

Latest news

  • Stock Market Today: Dow Rises After Postelection Rally; Cava, Dutch Bros Plunge On Earnings News (Live Coverage)

    The Dow Jones index rose on Thursday ahead of the weekly jobless claims data. Cava and Dutch Bros shares plunged after their earnings reports.

    Yahoo Finance·▲ QQQ▲ SPYDow Jonesearningsunemployment
  • Morning Minute: Democrat Sweep Pumps Crypto as Clarity Act Resurfaces

    Bitcoin dipped below $76,000 on Tuesday night, a seven-week low, then rebounded above $80,800 on Wednesday, up 4% on the day, after the Democratic midterm sweep. WTI crude fell 9% to $88 a barrel, while the Dow jumped 3% and the Nasdaq rose 1.6%. House Democrats are discussing expanding Maxine Waters' Crypto Investor and Consumer Bill of Rights into a full market structure bill next Congress, with a larger SEC role and ethics provisions restricting crypto activities by Trump and other federal officials. Bitcoin ETFs saw $74M in net inflows and ETH ETFs $53M, while Coinbase said over 99% of customer assets are held in cold storage. ZachXBT said a theft from Crédit Mutuel Arkéa now exceeds $133 million.

    Decrypt·▲ BTC/USDT▲ ETH/USDT▲ SOL/USDTcryptobitcoinregulation
  • Meta Paid 1.4 Times What Alphabet Did to Borrow in Euros

    Meta Platforms priced €9 billion in bonds on November 4, its first-ever euro sale, split across six tranches. Orders reached a record €53 billion, yet buyers priced Meta's spreads about 1.4 times wider than Alphabet's similar euro bonds priced November 2. Coupons range from 4.300% on the €1.75 billion notes due 2031 to 6.400% on the €1.5 billion issue due 2065, and the bonds settle on November 12. The article attributes the wider pricing to Alphabet's higher ratings (Aa2 and AA+ versus Meta's Aa3 and AA-), Meta's first euro borrowing, and its heavy AI spending plans, which include 2026 capital spending of $135 billion to $145 billion. Free cash flow turned to a $2.12 billion deficit.

    Yahoo Finance·▼ METAbondsMETAeuro
  • If You'd Invested $1,000 Alongside Warren Buffett in Coca-Cola, Here's How Much You'd Have Today

    Buffett bought Coca-Cola shares in 1988 at an average of $41.81 each, added more the following year, and made his final purchase in 1994, bringing Berkshire Hathaway's total to 100 million shares. Using the article's example, $1,000 invested at his 1988 price would have bought 24 shares, which after four stock splits would be 384 shares worth nearly $37,000 today. Adding $12,581.76 in cumulative dividends brings the total return to about $49,500, or over $92,000 if dividends were reinvested into more than 960 shares. The article credits Coca-Cola's brand strength, including 32 brands with at least $1 billion in annual sales, and reports third-quarter organic revenue growth of 7%. It also calls the stock somewhat expensive at about 28 times expected forward earnings.

    Yahoo Finance·Warren BuffettBerkshire Hathawaydividends
  • Broadcom Stock Could Be Approaching a Major Turning Point. Here’s the Price Target

    Broadcom closed at $326.08, and the 24/7 Wall St. model sets a 12-month price target of $405.37, implying 24.32% upside and a Buy rating with 90% confidence. Fiscal Q3 AI semiconductor revenue reached $16.70 billion, up 221%, and management guided fiscal Q4 revenue to $34.8 billion, up 93%, though the shares sit 33.9% below their 52-week high. Management expects AI revenue of about $115 billion in fiscal 2027 and $230 billion in fiscal 2028. The article flags risks including gross margin guided near 73% versus 78% a year earlier, reliance on a few leading AI labs, and $59.6 billion of gross fixed-rate debt. The bull case is $534.37 and the bear case $361.78.

    Yahoo Finance·Broadcomsemiconductorsartificial intelligence
  • Stablecoins Go Mainstream as Samsung Wallet Adds USDC on Solana

    Samsung Wallet launched stablecoin accounts on Thursday for eligible U.S. Galaxy users, letting them buy, hold, send and receive Circle's USDC on the Solana blockchain across about 82 million compatible devices. The service is built with custodian Bastion and Coinbase, and allows transfers to other Samsung Wallet users and outside crypto wallets without a Samsung transfer fee, plus payouts to bank accounts in more than 60 countries. Credit card top-ups carry a 4% fee, and the service is not available in New York. Samsung says the account is a crypto wallet rather than a bank account, and plans to explore stablecoin payments and other markets.

    Decrypt·▲ SOL/USDTstablecoinscryptoSolana

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.