Meta Bets $200 Billion It Can Show Massive AI Data Center Will Pay Off
Investors want to see whether the company’s huge facility in rural Louisiana is worth the cost
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Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Riley Griffin reports on the expensive bet Meta is making on its massive data center in rural Louisiana.
Nintendo rebound: The Japanese games maker’s shares are bouncing back after a prolonged decline due to the memory chip crunch. Investors view it as a safe haven from riskier AI bets.