Meta plans a $10 billion subsea cable project to enhance its internet and AI capabilities.

Meta is reportedly planning a $10 billion subsea cable project to support its growing internet traffic and AI investments. The cable, spanning over 40,000 kilometers, would be the first fully owned by Meta, giving it greater control over its infrastructure. The project, still in early stages, aims to avoid geopolitical hotspots and is expected to be detailed further in early 2025.

November 29, 2024
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