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(The Center Square) — Meta, the parent company of Facebook, has announced a historic $10 billion investment in Richland Parish, Louisiana, to build its largest artificial intelligence-optimized ...
CHEYENNE — Project Cosmo, an $800 million, 750,000-square-foot data center development in south Cheyenne, has been discussed since work began to recruit the project as far back as seven years ago.
(Reuters) - Facebook-parent Meta said on Wednesday it plans to invest $10 billion to set up an AI data center in Louisiana, in what would be the tech company's largest data center in the world.
Network-neutral data centers exist all over the world and vary in size and power. While some data centers are owned and operated by a telecommunications or Internet service provider , the majority of network-neutral data centers are operated by a third party who has little or no part in providing Internet service to the end-user .
The U.S. Tax Cuts and Jobs Act of 2017 changed Facebook's global tax calculations. Meta Platforms Ireland is subject to the U.S. GILTI tax of 10.5% on global intangible profits (i.e. Irish profits). Meta Platforms Ireland is subject to the U.S. GILTI tax of 10.5% on global intangible profits (i.e. Irish profits).
Data center services encompass all of the services and facility-related components or activities that support the implementation, maintenance, operation, and enhancement of a data center, [1] which is an environment that provides processing, storage, networking, [2] management and the distribution of data within an enterprise.