Meta CEO Mark Zuckerberg on Monday said his company is establishing a new "top-level" initiative called Meta Compute that will see the tech giant building "tens of gigawatts" of AI infrastructure this ...
Meta's stock pop following the company's latest earnings beat is a sign that investors are OK with hefty AI spending as long as the core business stays strong.
Meta said it will sharply increase its AI capital expenditure in 2026 as it builds out a new “Superintelligence Unit.” The global tech giant put the planned AI capex at $115–$135 billion for the year, ...
Jan 28 (Reuters) - Meta on Wednesday forecast its annual capital expenditure to increase sharply, as the social media giant ...
What happens when one of the world's richest companies decides to go all-in on artificial intelligence? If you're Meta Platforms CEO Mark Zuckerberg, it means launching superclusters so large they ...
Meta is building a nuclear supply chain for the AI era, combining long-term offtake, advanced reactors, and new financing ...
A massive AI data center is being built in rural Louisiana by Meta, as residents in Georgia say they're navigating a poor water supply after the company began constructing a similar facility in 2018 ...
Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg is investing heavily in AI as the company plans to build data centers that would use over 1 Gigawatt of power each. Check out the current price of ...
Editor's note: This story has been updated throughout. Meta, the company that operates Facebook, Instagram and WhatsApp, will invest at least $1.5 billion to build a large data center complex in ...
Meta plans to cut employees in its Reality Labs division, which includes metaverse products, as the company shifts priorities to build next-generation AI.
Jan 12 (Reuters) - Meta has announced its "Meta Compute" initiative to build artificial intelligence infrastructure and oversee the social media company's global fleet of data centers and supplier ...