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BENGALURU] Meta Platforms is seeking to raise US$29 billion from private capital firms to build artificial intelligence (AI) data centres in the US, the Financial Times reported on Friday (Jun 27).
Meta CEO Mark Zuckerberg had said in January the company would spend as much as $65 billion this year to expand its AI ...
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Meta Platforms Inc. seeks to secure $29 billion from major private credit firms to invest in AI data centers. The company ...
At its earnings in May, Meta raised its full-year capital expenditure forecast by as much as 10 per cent to between $64bn and $72bn, citing “additional data centre investments” to support its AI push ...
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Meta’s top executives have reportedly considered “de-investing” in the company’s Llama generative AI, according to a New York ...
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I asked Business Insider's new rockstar tech reporter Charles Rollet for his analysis on why Meta is investing so much in ...
Unhappy with his company’s artificial intelligence efforts, Meta’s C.E.O. is on a spending spree as he reconsiders his ...
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