Mark Zuckerberg said Meta "should invest significantly more over the coming years" in AI

"We would probably build out bigger clusters than we currently can if we could get the energy to do it"

Company reportedly planning 10-20MW project to fuel Reels demand

No cause for the downtime given as of yet

Facebook parent company anticipates high levels of spending to cater for AI demand

Social media giant granted tax break for up to 50 years

Including 340,000 H100 Nvidia GPUs at its data centers

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