Meta and BlackRock Plan $14B Data Center Investment Amid AI Boom

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Excerpt from Bloomberg: “Meta Platforms Inc. and BlackRock Inc. will establish a joint venture to build and operate a 1-gigawatt data center complex in Texas, adding to a wave of investment in the computing hubs that power artificial intelligence.”

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Excerpt from Bloomberg: “Taiwan said it worked with the US to break up an attempt to smuggle high-end chips, highlighting expanding maritime cooperation as China steps up pressure in the region.”

Excerpt from Bloomberg: “European stocks advanced as upbeat results from companies including Unilever Plc and Safran SA lifted sentiment.”

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Excerpt from Bloomberg: “Orange SA raised its profit outlook for the year, driven by growth in the French mobile carrier’s Africa and Middle East markets and the acquisition of a new business in Spain.”

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Excerpt from Bloomberg: “Taiwanese prosecutors detained an Nvidia Corp. employee as part of a probe into the alleged smuggling of AI chips into China, thrusting the US company into a high-profile case concerning the black market for its products.”

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Excerpt from Bloomberg: “Prime Minister Anthony Albanese’s proposed “world-first” national environmental and energy controls for Australia’s A$150 billion ($105 billion) data center pipeline hit their first hurdle, with two of the country’s jurisdictions opting not to back the planned rules.”

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