Meta Breaks Ground on $10 Billion AI Data Center with 1 Gigawatt Capacity in Indiana
Meta officially announces $10B+ investment in Lebanon, Indiana data center with 1GW capacity, creating 4,000 construction jobs and 300 permanent roles.
Meta officially announces $10B+ investment in Lebanon, Indiana data center with 1GW capacity, creating 4,000 construction jobs and 300 permanent roles.
Top 4 US hyperscalers raise combined data center spending to $600B as global capex approaches $1T milestone in 2026, driven by AI infrastructure demands.
Alphabet, Microsoft, Meta, and Amazon are projected to spend close to $700 billion combined on AI infrastructure in 2026, marking a 60% increase from 2025.
Amazon reveals unprecedented $200 billion capital expenditure plan for 2026, primarily targeting AI infrastructure and data centers, marking a 50% increase from 2025.
Microsoft introduces Maia 200 AI chip with 140B transistors, delivering 10 petaFLOPS to reduce AI inference costs at cloud scale.
Alphabet plans to more than double its capex to $175-185B in 2026, surpassing all hyperscaler peers in AI infrastructure investment.
Oracle has announced a massive $45-50 billion fundraising plan for 2026 to expand its Oracle Cloud Infrastructure, driven by high demand from major AI players like NVIDIA, OpenAI, and xAI. The plan includes a mix of debt and equity financing to maintain a solid investment-grade balance sheet.
Microsoft stock plunges 10% as Azure cloud growth decelerates while capital expenditures surge 66% to $37.5B, raising AI investment concerns.
AI search startup Perplexity expands beyond AWS with three-year $750M Microsoft Azure deal, gaining access to Anthropic, OpenAI, and xAI models.
Amazon and OpenAI CEOs engage in direct talks for potential $50B investment, part of $100B funding round, marking major AI partnership expansion.
Microsoft reports $7.6B net income increase from OpenAI investment as the AI lab experiences unprecedented revenue growth, with total quarterly revenue reaching $81.3B.
Bootstrapped AI cloud startup Runpod has achieved a $120 million annual revenue run rate, attracting 500,000 developers after gaining initial traction from a post on Reddit. The company recently secured a $20 million seed round.