Meta Platforms Inc. and Associated Builders and Contractors (ABC) have partnered to create America’s Workforce Academy, a $115 million initiative to train and employ thousands of data center construction technicians. The program offers a five-week hands-on training course, scholarships, and job placements on Meta projects, starting in key states like Indiana, Louisiana, Ohio, and Texas. This partnership aims to address the construction industry's workforce shortage by providing accelerated, job-ready training and creating a sustainable talent pipeline for data center construction. The initiative targets diverse entrants including high school graduates and veterans, helping build long-term careers in construction.
Teachers in Richland Parish, Louisiana, will receive bonuses up to $50,935, a huge increase from last year's $10,200, funded by a surge in sales-tax revenue linked to Meta's $10 billion Hyperion data center construction. The tax boost comes from a 1%...
The IPO market is seeing a shift from the traditional FAANG companies to a new group dubbed MANGOS, which includes Meta (or Microsoft), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Several of these companies are planning to go public soon, presenti...
AMD shares rose 5% following Citi's upgrade from Neutral to Buy and a price target increase to $575, highlighting underestimated GPU growth amid AI demand. AMD reported strong Q1 2026 results with 38% revenue growth and robust data center sales, driv...
AMD, known for its CPUs, is gaining recognition as a key player in graphics processing units (GPUs). Citi analyst Atif Malik highlights that AMD is emerging as a strong second source for GPUs and is expected to secure a large portion of GPU business ...
Meta Platforms posted Q1 revenue of $56.31 billion, up 33% year-over-year, and earnings per share of $10.44, beating expectations. Despite strong growth, shares fell due to increased capital expenditures, which management raised for 2026, reflecting ...
