Meta, the parent company of Facebook, Instagram, and WhatsApp, has long been a powerhouse in global internet usage, with its services driving 10% of all fixed internet traffic and 22% of mobile traffic worldwide. As Meta continues to expand its artificial intelligence capabilities and global reach, the company is taking a bold step to ensure it has the infrastructure to support its growing business: by building its own subsea fiber-optic cable network.
TechCrunch has confirmed, through sources close to the company, that Meta plans to construct a new, massive subsea cable that will span over 40,000 kilometers across the globe. This project is estimated to cost upwards of $10 billion, and notably, Meta will be the sole owner and operator of the cable, marking a significant milestone in its infrastructure strategy.
Continue reading… “Meta’s $10 Billion Subsea Cable Project: Taking Control of Its Global Infrastructure”
