Tag: Artificial Intelligence Infrastructure

Meta Plans $97.5 Billion Equity Fundraising to Boost AI Infrastructure

Meta Platforms is ramping up its investment in artificial intelligence infrastructure, announcing an increase in its planned equity fundraising to $97.5 billion. This significant boost in funds is aimed at supporting developments in AI technologies, including the expansion of data centers, enhancements in chip technology, and increased computing capacity. The company has adjusted its previous common stock offering, increasing it from $22.5 billion to $25...

5,000 Still Without Power as Ireland Issues New Yellow Weather Alerts

In the wake of Storm Boelo, Ireland has issued Status Yellow weather warnings across 11 counties as recovery efforts continue. The storm led to widespread power outages, flooding, and travel disruptions, with approximately 5,000 homes and businesses still without electricity, primarily in the northwest region. This figure has decreased from an earlier count of 41,000, thanks to the ongoing efforts of ESB Networks' repair...
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