Meta company headlines, earnings, strategy, leadership, and market-moving business updates.
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The new agreement covers electricity from Meta’s Palmera Solar Plant project in Freestone County, Texas, as the companies expand a multi-project U.S. portfolio expected to come online by 2028.
THE APEX TIMES
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The European Commission said Meta must reopen WhatsApp for Business API access to competing artificial intelligence assistant makers at no charge while it continues an antitrust investigation. Meta said it will appeal.
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The companies announced an AI-enabled facility in Gujarat with an initial 168-megawatt capacity, aimed at supporting Meta’s growing AI computing needs.
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Facebook-parent Meta said it has agreed to lease capacity for an AI-enabled data center being built by Reliance Industries in Jamnagar, Gujarat, marking its first such facility in India. The project is slated for completion within about two years, with room to expand as Meta’s demand for AI computing grows.
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Meta says it will secure capacity for AI workloads through a new lease arrangement with Reliance, marking a deeper infrastructure push in India.
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A new Meta training push for electricians, plumbers and other skilled trades is being positioned as a practical response to talent shortages tied to the AI data-center buildout.
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The Facebook-parent’s partnership with Reliance Industries targets a 168-megawatt, AI-enabled facility in Jamnagar, designed to be expandable as Meta ramps global AI computing needs.
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A Wall Street note points to Meta Platforms’ new paid tiers across Instagram, Facebook, WhatsApp and Meta AI as the start of a larger revenue stream that could reach tens of billions over the decade.
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Meta says it has partnered with Mukesh Ambani’s Reliance Industries to develop an AI-ready data center in India, a move that places additional compute capacity under a local infrastructure and energy pipeline while Meta scales its artificial intelligence operations.
