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Corning, Meta ink multiyear, up to $6 Billion deal to accelerate US Data Centre buildout
["Sandhya D'Mello"]
News | tahawultech.com - Middle East, Technology, Enterprise IT, Channel News, Cybersecurity, Hardware, Software, Networking, Telecoms
Dubai — Corning Incorporated (NYSE: GLW) and Meta Platforms, Inc. (Nasdaq: META) announced a multiyear, up to $6 billion agreement to accelerate the buildout of the most advanced data centers in the United States to support Meta’s apps, technologies, and AI ambitions.
Under the agreement, Corning will supply Meta with its newest innovations in optical fiber, cable, and connectivity solutions.
“This long-term partnership with Meta reflects Corning’s commitment to develop, innovate, and manufacture the critical technologies that power next-generation data centers here in the U.S.,” said Wendell P. Weeks, Chairman and Chief Executive Officer, Corning Incorporated.
Together with Meta, we’re strengthening domestic supply chains and helping ensure that advanced data centers are built using U.S. innovation and advanced manufacturing.”Meta is expanding its commitment to build industry-leading data centers in the U.S. and to source advanced technology made domestically.
“Building the most advanced data centers in the U.S. requires world-class partners and American manufacturing,” said Joel Kaplan, Chief Global Affairs Officer at Meta.