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The move highlights Meta’s aggressive push to attract talent focused on AI data centre expansion.
Meta has hired three key infrastructure leaders from OpenAI, including Peter Hoeschele of Stargate.
KEY POINTS
- OpenAI is pausing its Stargate infrastructure project in the UK to control spending before a possible IPO.
- OpenAI and Oracle have canceled their planned expansion at the Abilene data center site.
- Meta may spend up to $135 billion on capital expenditures this year, mostly for AI infrastructure.
COMPANIES
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