Articles tagged “Meta AI infrastructure”
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News
Meta Builds Cloud Business to Sell Excess AI
Meta plans to sell excess AI computing power to developers, competing with AWS, Azure, and Google Cloud — while CoreWeave and Nebius stocks dropped sharply on the news.
News
Meta Buys 1.6 GW from Crusoe Data Centers
Meta secured deals with Crusoe for ~1.6 GW of AI computing power split across Childress, Texas and Warrenton, Missouri, as the social media giant expands its AI infrastructure.
News
Meta Cuts 8,000 Jobs as Zuckerberg Warns AI Success Isn't Guaranteed
Meta cut roughly 8,000 employees on May 20, 2026 — about 10% of its workforce. CEO Mark Zuckerberg told staff in a memo that AI competition makes the cuts necessary.