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Meta expands Louisiana data center to 5 gigawatts compute capacityMeta plans a significant expansion of its Louisiana data center to five gigawatts. This major investment will support the company's growing...- Big tech’s climate strategists feeling strain of AI power needsCompanies are buying clean energy at record rates. However, they also explore other sources like natural gas and nuclear power.
- Meta to raise $30 billion in its biggest bond sale as AI expansion costs rack upSocial media giant Meta Platforms is raising a massive $30 billion through its largest-ever bond sale. This significant funding aims to sup...
- Meta's profit hit by $16 billion one-time tax chargeMeta faced a substantial charge impacting its stock. The company is heavily investing in AI infrastructure, planning massive data centers. ...
- Meta’s Q3 earnings miss EPS estimates amid $16 Billion tax hit and rising AI costsMeta (META) revealed stronger-than-anticipated third-quarter revenue of $51.24 billion but missed on earnings in regard to a $16 billion on...
- Meta in $27-billion financing deal with Blue Owl Capital for Louisiana data centerMajor tech companies, including Alphabet, Amazon.com, Meta, Microsoft and CoreWeave, are on track to spend $400 billion on AI infrastructur...
- Meta set to clinch nearly $30 billion financing deal for Louisiana data centre site: Bloomberg NewsMeta Platforms is finalizing a nearly $30 billion financing package for a Louisiana data center, marking the largest private capital deal o...
- Meta's planned Louisiana AI data centre to cost $50 billion: Donald TrumpMeta is building a $50 billion AI data centre in Louisiana, its largest yet, to support advanced digital infrastructure. Financed partly by...
- Louisiana PSC approves Entergy plan to power Meta AI data center with three gas plantsLouisiana’s Public Service Commission approved Entergy’s proposal to build three combined-cycle gas turbines and supporting transmission in...
- How AI is changing the way the world builds computersThe rise of AI is driving massive demand for specialised data centres packed with GPUs, which require vast amounts of electricity and water...
- Meta to build $10 billion AI data centre in Louisiana as Elon Musk expands his Tennessee AI facilityMeanwhile, Elon Musk's AI startup, xAI, is expanding its existing supercomputer project in Memphis, Tennessee, the city's chamber of commer...
- Meta to build $10 billion AI data center in Louisiana as Elon Musk expands his Tennessee AI facilityLouisiana is among a growing number of states seeking to lure big tech firms in need of energy-intensive data centers with tax credits and ...
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