Meta Escalates Louisiana AI Infrastructure Plans to $50 Billion
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Meta Escalates Louisiana AI Infrastructure Plans to $50 Billion

Meta has announced a significant expansion of its Hyperion data center project in Richland Parish, Louisiana, with total projected investments now exceeding $50 billion. This figure represents a substantial increase from the $27 billion estimate disclosed in October, reflecting the company’s aggressive push to secure the necessary infrastructure for its rapidly evolving artificial intelligence capabilities. […]

Geopolitical Tensions Push Bitcoin Below $63,000, Overshadowing ETF Inflow Resurgence
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Geopolitical Tensions Push Bitcoin Below $63,000, Overshadowing ETF Inflow Resurgence

Bitcoin’s value dipped below the $63,000 mark on Monday, as heightened geopolitical tensions in the Middle East dampened investor enthusiasm for risk assets. This downturn occurred despite a notable resurgence in institutional demand for spot Bitcoin exchange-traded funds (ETFs), which saw their first week of net inflows in nearly two months. The renewed market uncertainty […]