Meta, Corning sign deal worth up to $6bn for US data centre expansion

1 week ago 9

Corning and Meta Platforms person signed a multi-year statement worthy up to $6bn to accelerate information centre improvement successful the US.

As portion of the deal, Corning volition supply optical fibre, cable, and connectivity products to enactment Meta’s applications and artificial quality (AI) efforts.

The proviso statement volition spot Corning grow accumulation capabilities astatine its sites successful North Carolina, with a notable summation successful capableness astatine its Hickory optical cablegram facility, wherever Meta volition enactment arsenic the anchor customer.

The declaration is acceptable to facilitate Meta’s plans to conception information centres crossed the state utilizing domestically manufactured technology.

Corning expects the expanded operations to boost projected employment successful North Carolina by 15% to 20%, maintaining a workforce exceeding 5,000 successful the state. Many of these roles are linked to large-scale fibre and cablegram manufacturing plants.

Corning president and CEO Wendell Weeks said: “This semipermanent concern with Meta reflects Corning’s committedness to develop, innovate, and manufacture the captious technologies that powerfulness next-generation information centres present successful the US.

“The concern volition grow our manufacturing footprint successful North Carolina, enactment an summation successful Corning’s employment levels successful the authorities by 15 to 20%, and assistance prolong a highly skilled workforce of much than 5,000, including the scientists, engineers, and accumulation teams astatine 2 of the world’s largest optical fibre and cablegram manufacturing facilities.”

The latest procreation of Corning’s optical infrastructure exertion is intended to conscionable the standard requirements of precocious information centres focused connected AI.

The statement highlights some firms’ ongoing concern successful US-based manufacturing and exertion infrastructure.

Meta main planetary affairs serviceman Joel Kaplan said: “We’re arrogant to spouse with Corning – a institution with heavy expertise successful optical connectivity and committedness to home manufacturing – for the high-performance fibre optic cables our AI infrastructure needs.

“This collaboration volition assistance make good-paying, skilled US jobs, fortify section economies, and assistance unafraid the US pb successful the planetary AI race.”

"Meta, Corning motion woody worthy up to $6bn for US information centre expansion" was primitively created and published by Verdict, a GlobalData owned brand.


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