Meta Plans USD 10 Billion Subsea Cable to Manage Global Data Traffic: Report
Meta, the parent company of Facebook, Instagram, and WhatsApp, is reportedly planning to build its first fully owned, large-scale fiber-optic subsea cable extending around the globe. The project, spanning over 40,000 kilometers, is expected to require an investment of more than USD 10 billion. It aims to enhance Meta's infrastructure to meet the growing demand for data usage driven by its artificial intelligence (AI) products and services, according to a... Read More