Sources: Meta has paused the Persian Gulf section of its 2Africa subsea cable project as the war in the Middle East freezes activity in the region
Sources: UK-based cloud provider Nscale is in talks to buy a major data center site in West Virginia; Amazon and Meta have also expressed interest in the site
Nscale, an upstart cloud provider heavily backed by Nvidia whose customers include OpenAI and Microsoft, is in talks to take control …
Meta agrees to acquire up to 6GW of AMD Instinct GPUs in a deal valued at $100B+ that could see Meta own up to 10% of AMD; Meta plans to deploy 1GW in 2026
Sources: CoreWeave is seeking an ~$8.5B loan from banks, backed by a contract Meta signed last year to pay CoreWeave up to $14.2B for its services
Meta agrees to acquire up to 6GW of AMD Instinct GPUs in a deal valued at $100B+ that could see Meta own up to 10% of AMD; Meta plans to deploy 1GW in 2026
The deal could result in Meta owning as much as 10% of AMD's stock as the chip maker seeks to challenge Nvidia
Meta strikes a 20-year deal to buy 2,600+ MW of nuclear power from three Vistra plants, and announces deals to back new TerraPower and Oklo reactor projects
Facebook parent will back nuclear projects with Oklo, Bill Gates-backed TerraPower and Vistra — Meta Platforms on Friday unveiled …
How Manus distanced itself from its Chinese roots to court US investors; a source says Meta's $2.5B deal includes a $500M retention pool for Manus' employees
The $2.5 billion deal could herald a new era for China-linked AI companies and U.S. investors — Workers at Butterfly Effect …
Meta says Manus, initially based in Beijing and Wuhan, will cut Chinese investor ties after the deal and “will discontinue its services and operations in China”
PALO ALTO, California/HONG KONG — Meta says it will acquire AI startup Manus and that the Singapore-based company …
Meta agrees to acquire Singapore-based startup Manus, which makes an AI agent for SMBs; Manus said earlier in December its annual revenue run rate was $125M+
Meta Platforms Inc. has agreed to buy Manus, a popular Singapore-based artificial intelligence agent with Chinese roots …
Sources: Meta is buying Manus for $2B+; Manus was raising at a $2B valuation when Meta approached it; Manus CEO Xiao Hong will report to Meta COO Javier Olivan
The deal for more than $2 billion is one of the first in which a major U.S. tech company has bought a startup with Chinese roots