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Meta's aggressive AI and data center investments raise concerns about capital allocation and long-term returns. Read more on ...
Meta Platforms Inc. seeks to secure $29 billion from major private credit firms to invest in AI data centers. The company ...
Meta Platforms ( META 1.04%), Microsoft ( MSFT -0.28%), and Nvidia ( NVDA 1.74%) are knocking on the door of all-time highs, ...
Meta Platforms is seeking to raise $29 billion from private capital firms to build artificial intelligence data centers in ...
Meta CEO Mark Zuckerberg has been working to bolster his company’s AI efforts with the hiring of Daniel Gross, Nat Friedman ...
It was reported earlier this month that Meta agreed to take a 49% stake in Scale AI for $14.8 billion and bring the startup’s ...
Meanwhile, sovereign AI initiatives and public-private partnerships are emerging as an additional demand catalyst. Projects such as the Stargate AI factory in Texas, OpenAI’s multi-cloud approach, and ...
Energy access has become a boardroom conversation in a way that wasn’t true literally four years ago,” Mike Schroepfer, ...
Meta Platforms Inc. keeps writing bigger checks in pursuit of its artificial intelligence strategy, and traders keep cheering ...
Meta’s $14.3 billion investment in Scale AI, the leading player in the AI data industry, was a very strange deal indeed. Meta acquired 49% of the company in the deal announced last Thursday.
Meta’s massive AI investments lift its stock, but rising valuations and macro risks prompt questions about how long the rally ...