Meta Increases Investment to $50 Billion for Louisiana Data Centre Expansion
Meta has raised its investment in its Louisiana data centre campus to over $50 billion, expanding the facility to nearly 10 million square feet.
42 articles tagged with "Meta"
Meta has raised its investment in its Louisiana data centre campus to over $50 billion, expanding the facility to nearly 10 million square feet.
Meta is increasing its Hyperion AI supercluster capacity from 2 GW to 5 GW, significantly raising its investment in Louisiana as the competition for AI computing power intensifies.
Meta is set to begin production of a new AI chip in September, aiming to significantly increase its computing capacity as part of its ongoing technological advancements.
Following user criticism, Meta has decided to remove its AI image generation feature from Instagram, which had raised privacy concerns.
Meta's stock has surged, marking its best week in years as investors respond positively to the company's new low-cost AI pricing and infrastructure strategies.
Meta's stock is on the rise as the capital expenditure cycle approaches its peak, presenting new growth opportunities for investors.
Recent leaks reveal internal frustrations within the NACC and details of Meta's journalist briefings. Albanese faces scrutiny over his interactions with Plibersek and the government's gambling report response.
WhatsApp has been given a three-day extension to respond to a government notice about its username feature, which allows users to communicate without sharing phone numbers.
Major publishers have initiated legal action against Meta, claiming that the company infringed on their copyrights while developing the Llama AI model.
Shares of CoreWeave and Nebius have dropped significantly as competition from Meta intensifies in the cloud sector, raising concerns for investors.
Meta is actively exploring opportunities in the gambling sector, aiming to leverage its extensive user base and advertising prowess to tap into this expanding market.
Qualcomm's announcement of Meta as its inaugural Big Tech customer for data center chips, coupled with an improved revenue forecast, has led to a notable increase in its stock price.
In response to a significant internal data leak, Meta has decided to pause its employee-tracking program, highlighting ongoing debates about privacy and surveillance in the workplace.
Meta has acknowledged a security breach affecting thousands of Instagram accounts, attributed to vulnerabilities in its AI chatbot. The incident raises concerns about user safety and data protection.
Meta has rolled out ADB support for its older Portal devices, enabling developers to create applications for the platform. A video demonstration is available.
In a significant move, Meta has deleted an account with over 1 million followers at the request of the Kuwaiti government, prompting discussions on content moderation practices.
Meta has unveiled a new feature for its Ray-Ban Display glasses, allowing users to compose messages through hand gestures. This innovation is compatible with popular messaging platforms.