Meta and BlackRock have formed a venture to develop a $14 billion data center campus in El Paso, Texas, designed to support Meta's AI ambitions with 1 gigawatt of compute capacity. Meta will manage construction and operations, while BlackRock and partners provide capital and infrastructure expertise. The project will create over 4,000 construction jobs and 300 permanent roles, with operations expected to begin in 2028. This partnership accelerates AI infrastructure development and supports local economic growth through workforce training and community grants.
Meta Platforms' stock has declined 15% over the past year, mainly due to heavy investments in AI infrastructure. Despite these investments enhancing its advertising business, the market remains skeptical without clear AI-driven revenue commentary. Me...
Anthropic CEO Dario Amodei clarified that his company does not support banning open-weight AI models, countering industry rumors. He emphasized that open-weight models without dangerous capabilities are beneficial public goods that aid businesses and...
Meta has upgraded its AI assistant, Muse Spark 1.1, to connect with users' email and calendars, generate presentations, conduct research, and automate tasks, aiming to become a workplace productivity tool. This move positions Meta against Microsoft a...
Anthropic CEO Dario Amodei clarified that his company does not support banning open-weight AI models, which users can download and modify. This statement follows a coalition of tech firms urging policymakers to avoid premature restrictions on such mo...
Nvidia is reportedly negotiating to provide a $250 billion financing package for a massive OpenAI data center project in Ohio, part of a $500 billion development led by SoftBank's energy subsidiary. This deal would help OpenAI lease a 10-gigawatt fac...
