Meta's $800m offer turned down by AI chip start up FuriosaAI
Company will continue to grow independently
Company will continue to grow independently
New land parcels located closely to Meta's existing Rosemount project
AI drives growth and hyperscalers show no sign of slowing down
The Chinese startup claims its model was trained for significantly less money than those developed by US labs
The agreement is Google's first with an enhanced rock weathering company
While Mark Zuckerberg says Llama 4 will need 10× more compute than predecessor
Mark Zuckerberg said Meta "should invest significantly more over the coming years" in AI
Facebook parent company anticipates high levels of spending to cater for AI demand
Company expects higher CapEx next year as construction resumes with new AI design
As delayed facilities start to ramp up
Currently set to be the last round of cuts
Expects to spend big on generative AI
Data centers still allowed to double dip on tax benefits in the state
Meta to maintains ownership of adjacent land
While Meta ups to five years
But they may just be cheaper because they will build fewer of them to start
As the company's share price continues to fall, and its data center plans are torn up
Likely plans to only use it internally
Will build new data centers designed for "next-generation AI hardware"
Google, PayPal and others claim to be carbon neutral, but pump millions of investment dollars into oil and gas
Alphabet, Shopify, Meta, and McKinsey also join Frontier scheme to commit to buying carbon capture
Company loses $200bn in valuation
Microsoft has fallen back since last year, but Meta (Facebook) is storming away
Up from around $19bn this year