• CrowdStrike shares dropped over 8% after Delta Air Lines announced plans to seek compensation for a global IT outage that caused thousands of flight cancellations.

• Meta Platforms will pay $1.4 billion to settle Texas' lawsuit accusing it of illegally collecting biometric data from millions of Texans without consent through facial-recognition technology.

• Britain's antitrust watchdog is investigating Google parent Alphabet's partnership with AI startup Anthropic, examining its competitive impact, the regulator announced Tuesday.

• Apple used Google-designed chips instead of Nvidia’s for key AI software components, highlighting its reliance on Google's cloud infrastructure, according to a recent Apple research paper.

• Meta Platforms announced AI Studio, a tool for creating, sharing, and designing personalized AI chatbots. Instagram creators can use these AI characters to manage DMs and story replies.

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