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META AI DATA CENTER EXPANSION
AI race weakens climate pledges at Google, AmazonGoogle and Amazon this week reported sharp increases in greenhouse gas emissions, driven by the frantic construction of artificial intellig...
PE-VCs push structural reboot; Cred backers’ Meta gainsHappy Friday! India’s PE-VC lobby is seeking a structural overhaul to woo foreign capital and fund managers. This and more in today’s ETtec...
Crusoe in talks to raise $3 billion funding: reportThe startup has contracts to supply AI computing power for the likes of Meta and Oracle, the report said, as technology giants spend bill...
Meta's Mark Zuckerberg says AI agent tech progressing slower than expectedZuckerberg and other Meta executives have been seeking to moderate some of the organizational changes introduced earlier this year, witho...
US Stocks: Micron, Intel and other chip stocks fall up to 11% after record-breaking rallyChip stocks experienced a significant downturn, with major AI rally leaders seeing sharp profit-taking after a record quarter. The VanEck S...
A coastal city in the south is quietly powering India's AI futureVisakhapatnam is emerging as India's next AI infrastructure hub, attracting massive investments from tech giants like Google and Reliance. ...
Microsoft partners with Singapore's Lightstorm to build India-Southeast Asia undersea cableThe consortium, whose other members include Tata Communications, Singapore Telecommunications, Singapore's ASEAN Cableship and Japan's NE...
Days after Meta sent 4 AM layoff emails to 8,000 employees, CEO Mark Zuckerberg says fears of AI job losses are overstated and more jobs could be created if...Meta CEO Mark Zuckerberg believes artificial intelligence won't necessarily lead to mass job losses. He has argued that companies can choos...
Meta names Alex Schultz first chief data officerMeta is reshuffling its leadership to bolster its AI and data strategy. Alex Schultz, previously Chief Marketing Officer, is now the compan...
Meta stock: Why are Facebook, Instagram, WhatsApp shares are rising today at U. S Stock Market?Meta has poured hundreds of billions of dollars into data centers and AI chips.
US Stocks: Meta building cloud business to sell AI computing, says report; shares riseMeta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This s...
Meta building cloud business to sell excess AI capacity, Bloomberg News reportsMeta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This s...
Fear and anger brew inside Meta amid AI frenzyA frenzied push for artificial intelligence dominance comes with a different kind of cost for Meta, where massive layoffs, employee surveil...
Meta says new AI system can convert brain activity into text without surgeryMeta's new AI, Brain2Qwerty v2, decodes brain signals into text without surgery, achieving 61% word accuracy. This non-invasive technology ...
Tech equity sales renew AI debt-binge worriesTech giants are aggressively selling stock, raising billions, signaling a potential spending spree. While this boosts balance sheets, it al...
Google limits Meta's use of its Gemini AI models: ReportGoogle, owned by Alphabet, told Meta around March it could not meet the full Gemini capacity the company had sought to purchase, the news...
Qualcomm's AI Leap: New chips, meta partnership & the road ahead
Qualcomm forecasts $15 billion data center chip sales by 2029, shares soarQualcomm also said it expects $40 billion in revenue from chips outside its smartphone stronghold by 2029, up from previous estimates of $2...
Meta, Microsoft lead $850 billion boom in data center leasesTech giants Meta and Microsoft are pouring billions into future data center leases, pushing industry-wide commitments past $850 billion. Me...
Meta signs new AI computing deals with data center firm Crusoe: ReportMeta is under contract to buy computing capacity from Crusoe at two data centers, which are located in Childress, Texas, and Warrenton, Mi...