Meta’s Switchboard Router Takes Aim at AI’s Soaring Inference Bill
Meta raised 2026 capital spending to $125 billion to $145 billion as it expands custom chips and infrastructure to curb AI inference costs.
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(Seoul = Yonhap News) Reporter Joo Jong-guk = BlackRock, the world's largest asset management firm, and MetaPlatform are [taking] debt [to] finance the construction of a 1-gigawatt (GW) data center...
Meta’s Switchboard Router Takes Aim at AI’s Soaring Inference Bill
Meta Platforms faces a reckoning on artificial intelligence costs. The social media giant plans to spend as much as $145 billion on capital expenditures this year. Much of that money feeds power-hungry data centers and accelerators running large language models. Yet many coding tasks sent to those frontier systems don’t need such firepower. Simple requests still rack up premium prices. Enter Switchboard. The company’s internal AI incubator, know…
The week in stock markets is ending negatively, with investors unable to find reasons for optimism that would offset the mid-week decline.
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