Meta signs $6 billion deal with Corning through 2030 for fiber-optic cables to power AI data centers, including Ohio and Louisiana facilities; part of company's $60 billion U.S. infrastructure push amid Wall Street skepticism over AI monetization.

Meta inks deal to pay Corning up to $6 billion for fiber-optic cables in AI data centers

As Meta tries to rapidly construct massive data centers to keep pace with the artificial intelligence craze, it's turning to a 175-year-old glass manufacturer for help.Meta has committed to paying Corning up to $6 billion through 2030 for fiber-optic cable in its AI data centers, Corning CEO Wendell Weeks told CNBC in an exclusive interview about the deal from a cable factory in Hickory, North Carolina.Corning is expanding the facility to accommodate growing demand from Meta and other big spende...