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Showing posts with the label AI data centers

Tech Giants on the Move: Big Bets, New Products, and Security Fixes

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Tech Giants on the Move Big Bets, New Products, and Security Fixes Meta Doubles Down on Raw Infrastructure Meta is reportedly lining up roughly $29 billion in financing to accelerate a massive expansion of AI-focused data centers in the U.S., part of a multibillion-dollar rollout that includes projects codenamed Prometheus and Hyperion. The package mixes debt and equity financing from big asset managers and underscores Meta’s play to scale hardware capacity as AI workloads grow. This isn’t just about square footage; it’s a bet that owning and co-building hyperscale facilities will be central to the company’s future product roadmap and cost structure. Apple Expands U.S. Investment Apple announced a major increase to its U.S. investment commitment — bringing total planned U.S. investment to $600 billion — alongside a new American Manufacturing Program. The initiative is framed as a jobs and supply-chain move, with expanded presence a...