DCD Magazine #62 - The coming wave
Will compute at sea sink or swim?
News - The Investment & Markets Channel, Meta
The latest news from the AI, data center, telco, chip, and cloud sector
DCD Magazine #62 out now
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Meta boosts AI data center capex, forecasts $130-145bn spend
Shares drop as spending increases, and free cash flow falls
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Meta and BlackRock team up for data center in El Paso, Texas
Will offer 1GW of compute capacity
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Meta begins laying off 8,000 workers, including data center staff
Even as the job cuts look to help fund more AI data centers
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Meta raises planned capex for 2026, plans layoffs for "efficiency" reasons
Social media giant also secures $25bn in bond sale
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Meta signs "multibillion-dollar" agreement with AWS for large-scale Graviton5 deployment
Social media giant says it will deploy “tens of millions” of Graviton5 cores in support of agentic AI workloads
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Meta signs $21bn AI infrastructure contract with CoreWeave
CoreWeave also raising another $4.25bn in convertible and senior notes
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CoreWeave secures $8.5bn loan for GPU purchases
Reportedly backed by Meta deal signed last year
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Meta considers layoffs of up to 20% to fund AI data center buildout
As Oracle also readies massive job cuts
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US hyperscaler capex to top $700bn in 2026, investors fear overbuild and weak returns - Moody's
Capex in 2026 will be six times larger than 2022
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Meta and AMD sign multi-year agreement for 6GW GPU deployment
First gigawatt scheduled for deployment later this year, with companies to align across silicon, systems, and software roadmaps
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Meta and Nvidia sign multi-year partnership for CPU, GPU, and networking deployments
Agreement represents the first “large-scale” Nvidia Grace-only deployment
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Meta estimates 2026 capex to be between $115-135bn, as data center spend grows
Previously warned increase could see capex nearly double YoY
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Corning, Meta sign $6bn fiber deal to support US data center boom
Meta wants to ramp up its data center footprint across the US
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TD Cowen: US banks retreat from Oracle amid doubts the company can fund OpenAI commitments
US banks are refusing to lend due to existing OpenAI commitments
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Moody’s predicts $3 trillion global data center investment over five years
The staggering sum is required to keep pace with AI-driven capacity growth
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Meta establishes 'Meta Compute,' plans multiple gigawatt-plus scale AI data centers
Tens to hundreds of gigawatts of compute in the decades to come
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Nebius signs $3bn deal with Meta, says current available capacity is sold out as it targets 2.5GW by end of 2026
European neocloud’s capex hit just under $1bn in Q3 2025
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Meta to spend $600bn on US data centers by 2028
Anything Sam can do, Zuck can do better
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Meta plans "notably larger" capex spend on AI data centers in 2026, compute expectations already higher than last quarter prediction
But shares dip amid one-off charge and rising costs
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Meta forms $27bn joint venture with Blue Owl to fund gigawatt-scale AI data center campus in Louisiana
Company to lease site for at least four years - but on the hook financially for 16 years
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Meta secures $30bn Blue Owl finance package for Louisiana data center - report
Special purpose vehicle set up to fund build-out
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Meta acquires RISC-V chip startup Rivos – report
Terms of the deal have not been disclosed
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Meta taps Pimco and Blue Owl for $29bn data center financing - report
Company said to be using funds for Hyperion build-out in Louisiana
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Meta to sell $2bn of data center assets for co-development
Company to sell mostly in-development sites and land to unnamed third party
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Meta delivers blowout earnings, says it will ramp AI data center investment "significantly" in 2026
Company is making more money than ever, but capex costs keep rising
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Meta in talks for $29bn data center financing
Social media firm said to be in talks with Apollo, KKR, Brookfield, Carlyle, and Pimco
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Meta in talks to partially acquire VC fund NFDG, hire Nat Friedman and Daniel Gross for AI shakeup
NFDG operates its own supercomputer, the Andromeda Cluster