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Meta launches new "Meta Compute" initiative to build AI infrastructure

Meta CEO Mark Zuckerberg on Monday said his company is establishing a new "top-level" initiative called Meta Compute that will see the tech giant building "tens of gigawatts" of AI infrastructure this decade. Why it matters: The announcement, coming shortly after the firm named prominent banking executive and former Republican official Dina Powell McCormick as president, suggests Zuckerberg sees Meta's ability to build out AI infrastructure as a strategic long-term advantage over its Big Tech pe...

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