Meta is giving Corning up to $6 billion for fiber-optic cable in its AI data centers, in a deal reported first by CNBC.

Shares of Corning ( GLW) jumped more than 6% premarket after CNBC reported that Meta ( META) will pay the company up to $6B through 2030 to supply fiber-optic cable for its AI data centers.

Even without considering valuation, Meta Platforms already looks like a better bet in the era of AI. Not only is its business ...

Meta Platforms agreed a deal with Corning valued at up to $6 billion to provide fibre-optic cable for its AI data centre ...

Tesla, Microsoft, Meta, and Apple all report Q4 results this week. Investors will be watching closely for how billions in ...

Meta, the company behind Instagram, WhatsApp and Facebook, just announced a major change that could reshape how teens ...

Meta is testing paid subscriptions for Instagram, Facebook, and WhatsApp. The basic versions will remain free, but extra ...

The chatbots are getting a time out while they learn what they can't talk about.

Meta today said that it is pausing teens' access to its AI characters globally across all its apps. The company mentioned ...

Meta said it will suspend access to AI characters for teenagers across its apps while new safety features are developed.

After stalling over the past 12 months, Rothschild & Co Redburn believes that shares of Meta could rally 37% from here.

The company is developing a ‘new version’ of the characters that will offer a ‘better experience.’ ...