Meta signs deal to pay Corning up to $6 billion for fiber-optic cables, CNBC reports
Reuters·2026-01-27 12:45

Core Insights - Meta Platforms, the parent company of Facebook, has entered into a significant agreement with Corning, a manufacturer of Gorilla Glass, to pay up to $6 billion for fiber-optic cables intended for its AI data centers [1] Company Summary - Meta Platforms is investing heavily in infrastructure to support its AI initiatives, indicating a strong commitment to enhancing its data center capabilities [1] - The deal with Corning highlights the growing demand for advanced fiber-optic technology in the tech industry, particularly for AI applications [1] Industry Summary - The agreement reflects a broader trend in the technology sector where companies are increasingly focusing on upgrading their data center infrastructure to accommodate AI workloads [1] - The investment in fiber-optic cables signifies the importance of high-speed data transmission in the development and deployment of AI technologies [1]