Meta
Meta is an American multinational technology conglomerate. It owns Facebook, Instagram, and WhatsApp, among other products and services.
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Texas Man Sentenced to 23 Years for $20 Million Crypto Fraud
According to The Block, Texas man Robert Dunlap was sentenced to 23 years in federal prison for a cryptocurrency fraud scheme exceeding $20 million and ordered to pay restitution to nearly 1,000 victims. Prosecutors alleged that Dunlap operated cryptocurrency projects and sold Meta-1 Coin, falsely claiming the token was backed by $44 billion in gold and approximately $1 billion in artworks—including pieces by Pablo Picasso, Vincent van Gogh, and Salvador Dalí—and that the assets had been audited. Last year, a jury found him guilty of mail fraud.
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Alibaba Cloud’s Qwen series accounts for over 50% of global open-source model downloads, with a cumulative total of nearly 1 billion downloads.
According to the South China Morning Post, Interconnects AI, a U.S.-based AI tracking firm, released a report stating that as of March 2026, Alibaba Cloud’s Qwen series models accounted for over 50% of global open-source model downloads, with a cumulative total of 942.1 million downloads—far surpassing competitors such as Meta’s Llama and DeepSeek. In February alone, Qwen downloads reached 153.6 million—exceeding the combined total downloads of the next eight major vendors. The report notes that Qwen’s dominant position stems from the exceptional popularity of its smaller-parameter variants (under 10 billion parameters), which enable developers to customize and deploy models freely at low cost. Since the launch of Qwen 2.5 in September 2024, Chinese models have begun outpacing mainstream U.S. open-source models like Llama; the release of Qwen 3.5 in February this year further solidified its lead. Meanwhile, open-source strategy has become a critical battleground in the U.S.-China AI competition. Meta has abandoned its open-source approach this year, instead launching the closed-source flagship model Muse Spark. Similarly, Chinese vendors including Alibaba Cloud and Zhipu AI have shifted some of their latest models to closed-source to expand direct commercialization channels.
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