Can data centre owners still afford to ignore deployability?
The digital infrastructure industry has spent much of the past decade solving a relatively familiar problem: how to build enough capacity to keep pace with gro...
Latest
Meta projects $35 Billion expenditure in 2024, mostly on AI data centres
The projection was shared in its latest revenue filling where Meta reported a revenue growth of 23% in Q3, reaching US$34.15 billion.
By João Marques Lima
Founder and Editor, The Tech Capital
5 Mins
{{formattedDate}}
Mark Zuckerberg, Meta founder and CEO. Source: Meta
Meta Platforms (NASDAQ: META), previously known as Facebook, has announced its Q3 2023 financial results. The highlight of the report is the anticipated expenditure of US$30-$35 billion on its data centre infrastructure in 2024.
Premium Article
Subscribe free for unlimited premium access to The Tech Capital.com
More From
João Marques Lima
Founder and Editor, The Tech Capital
6 Mins|June 24, 2026
7 Mins|June 24, 2026
3 Mins|June 24, 2026
Related Articles
Vertiv reports strong Q3 earnings, revenue tops $1.74 billion
Public trading digital infrastructure manufacturer Vertiv Holdings Co (NYSE: VRT) has announced its...
Chindata shareholders to vote on Nasdaq delisting on Dec 4 as merger deal deadline approaches
The Tech Capital is this December 7, 2023, hosting the Asia Finance Forum in Jakarta, Indonesia, t...
Alphabet reports Q3 earnings, Google Cloud revenue disappoints
Alphabet, the parent company of Google, has posted its financial performance for the third quarter ...
KKR scoops $3bn for tech growth fund
Global investment firm KKR (NYSE: KKR) has closed its third Tech Growth Fund at US$3 billion which ...
EQT-sponsored sovereign cloud builder ups raise target to $4bn
evroc, a digital infrastructure developer backed by global technology investor EQT Ventures and imp...
Goldman Sachs Asset Management raises $4 billion for mid-market infrastructure
Goldman Sachs Asset Management has raised US$4.0 billion in investments for its West Street Infrast...