Meta Teams Up with Corning for $6B Fiber-Optic Deal to Boost AI Data Centers
Meta signs a multiyear $6 billion agreement with Corning to supply fiber-optic cables, expand U.S. AI data centers, and create skilled jobs in North Carolina.
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Meta Stock Jumps as Analysts Call It a “Bargain” Among Big Tech
Meta shares rise over 5% after Jefferies says the stock is undervalued versus other Big Tech giants and highlights AI progress, cost cuts, and revenue growth.
Bank of America Turns Bullish on Oklo After Major Meta Deal
Bank of America upgraded Oklo stock to Buy after a binding deal with Meta to build a 1.2 GW nuclear campus, highlighting growing data center demand.
Meta Faces the Biggest Hit From Rising Data Center Energy Costs
Meta faces growing pressure as tech giants are asked to cover their own data center energy costs, making AI investments more expensive and risky for investors.
Meta Becomes America's Biggest Corporate Nuclear Power Buyer with 6.6 GW Deal
Meta announces major nuclear energy partnerships with Vistra, TerraPower, and Oklo to power AI data centers with up to 6.6 gigawatts by 2035.
Meta Acquires AI Startup Manus for Over $2 Billion in Major Cross-Pacific Deal
Meta buys Singapore-based AI startup Manus for $2B+ in rare acquisition of Asian AI company. Deal brings profitable AI agents to Facebook, Instagram, and WhatsApp despite Chinese founder concerns.