The news: Mark Zuckerberg said Meta will spend “hundreds of billions of dollars” to build several massive AI data centres to ...

Many of Meta’s competitors have multi-gigawatt sites planned, including Oracle, Google, OpenAI, and Amazon. TechRepublic recently reported that Shark Tank’s Kevin O’Leary is building the world’s ...

Meta said it planned to spend $60–65 billion in AI-related capital expenditures this year — up from $35–40 billion in 2024.

Hyperion is expected to supply the technology company’s AI lab with a whopping five gigawatts of computational power.AUTHOR ...

Meta Platforms is investing heavily in AI capabilities, with plans for multi-gigawatt data centers and anticipated growth in ...

"Here, people say, 'I want the fewest number of people reporting to me and the most GPUs,'" Mark Zuckerberg said about the AI ...

Alphabet-owned Google has struck a $3 billion deal with Brookfield Asset Management for electricity generated from two ...

A Meta stock analyst said Zuckerberg's AI spending pledge signals confidence but company needs to "make a case" for returns.

We've reported on the rapid, almost-certainly-ecologically-unsound expansion of AI data centers before, but Meta appears to ...

Google on Tuesday said it will invest $25 billion in artificial intelligence infrastructure and data centers in the United ...

In a post on Threads this week, Meta founder Mark Zuckerberg touts the build-out of a data center called Hyperion. That ...

Sumitomo Mitsui DS Asset Management bought 12,468 shares of Meta Platforms, totaling $7.7 million. The trade represents 0.07% of 13F reportable AUM. Its now 331,918 shares are valued at $245 million ...