Meta (META.US) places a bet on the future of American AI: A $600 billion investment plan announced, with utility cooperation to ensure success.
According to the Securities Times app, on Friday local time, Meta Platforms (META.US) outlined its $600 billion capital expenditure plan to build artificial intelligence-related infrastructure (such as data centers) in the United States by 2028. After the news was announced, the stock price fell more than 2% briefly on the same day, then quickly rebounded, closing up 0.45% at $621.71.
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