Meta investors settle $8bn lawsuit with Zuckerberg
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A lawyer for Meta Platforms Inc. investors says that his clients have reached a settlement with current and former directors at the company to end a multibillion dollar case in Delaware.
(Reuters) -Meta CEO Mark Zuckerberg has pledged hundreds of billions of dollars towards building massive data centers, days after ratcheting up the AI race with the launch of a division made up of engineers poached from rivals he hopes to challenge.
In a Threads post on Monday, Zuckerberg revealed plans to spend hundreds of billions of dollars building several massive AI data centers across the US, including one that will come online as soon as next year.