Company expects higher CapEx next year as construction resumes with new AI design

Meta had already given up, new decision prevents anyone else with similar plans

As delayed facilities start to ramp up

Expects to spend big on generative AI

Company hires Microsoft exec to lead new AI chip efforts

New bill to prevent double dipping makes more progress than previous attempt

Social media firm invests in another Texas solar farm

And stop trying to hire 5,000 workers

A 'year of efficiency' means a year of job cuts

Data centers still allowed to double dip on tax benefits in the state

Just after Twitter went down

While Meta ups to five years

But they may just be cheaper because they will build fewer of them to start

Rep. John Gannon says you can sales or property tax benefits, not both

Facility will handle logistics for Meta’s data centers

Company says it currently isn't planning to expand further in the park

134MW solar farm set to go live in 2024

Contractors and suppliers in for a nasty Christmas surprise

As the company's share price continues to fall, and its data center plans are torn up

Hasty shift claims another victim

First Odense was killed, now this is paused. More are planned

Company expanding renewable energy portfolio

As it plans radical shift to AI data centers

It's not clear what the future holds for the Facebook facility as it claims it is building new AI facilities

Social network to shift team and projects to Infrastructure and Central Products units

World's longest subsea cable gets another partner

Third PPA signed between Meta and DESRI

Project Tropical to see two more data centers build in Henrico County