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When Meta Platforms Inc. turned to lenders to secure $26 billion in debt funding for construction of a sprawling new data ...
Meta’s data center will need about three times the amount of electricity that New Orleans uses in a year and increase Entergy ...
Land speculators are buying up property, paying 20 or 30 times more than they would have a year ago. New business permits have tripled. Three new hotels and a Dollar General are in the works. And ...
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Climate Crisis 247 on MSNMeta’s $50 Billion AI Data Center Triggers Energy Supply Worry
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that Meta plans to build a $50 billion AI data center in ...
Meta CEO Mark Zuckerberg said it was “quite possible” his company could invest more than a planned $600 billion in the U.S.
Think of them as AI factories, churning out your responses from ChatGPT, Gemini, Claude and all the other generative AI tools ...
Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to power artificial intelligence, disclosing plans in a filing on Thursday to ...
President Donald Trump on Tuesday said Meta Platforms’s massive data center in Richland Parish, Louisiana will cost $50 billion. “When they said $50 billion for a plant, I said, ‘What the hell kind of ...
The race among the "Magnificent Seven" tech giants to construct large AI data centers is having an unforeseen effect on share ...
Meta CFO Susan Li spoke about AI, hiring and data center strategies during the Goldman Sachs Communacopia & Technology ...
Meta is building Manhattan-sized data centers and trades at a 33% discount to Nvidia, despite spending more on artificial ...
The Journal says Oracle has a much greater debt load relative to its cash holdings than Microsoft, Amazon and Meta. Its ...
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