Phillip May said the state is poised to take advantage of economic opportunities driven by the push for AI and renewable ...

Previous rumors reported by TechCrunch in November, however, claimed Meta was prepared to spend $10 billion on a globe-spanning undersea cable project that seems to match Waterworth’s description.

Meta Platforms continues to achieve significant growth in user base, revenue, profits, and cash flows. Read why I continue to ...

Meta's Project Waterworth will stretch over 50,000 kilometers long, connecting the U.S. with India, Brazil, and South Africa.

As Meta continues to ramp up its AI and VR plans ... while it’s also looking to invest around $10 billion into a new undersea cabling project to improve connectivity to India and Africa ...

Meta also plans to invest $10 billion to set up an AI data center in Louisiana, it said in December. The amount of electricity used by the Meta data center in Louisiana will be matched by ...

U.S. President Donald Trump has indicated that Meta Platforms (NASDAQ: META) could invest upto $60 billion in the United States by the end of the year.

Project Waterworth will cost $10 billion to produce and install. The cable measuring 31,000 miles will support Meta's artificial intelligence projects. Advertisement "Project Waterworth will bring ...

Value of AI investment, the $20 billion investment 2 years ago results in $10 billion per year on average for the next 3 years. They are getting positive return BUT they are reloading with $80-90 ...