Index Investing News
Wednesday, May 21, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Meta halts construction of two data centres in Denmark By Reuters

by Index Investing News
December 15, 2022
in Stocks
Reading Time: 1 min read
A A
1
Home Stocks
Share on FacebookShare on Twitter


© Reuters. FILE PHOTO: The logo of Meta Platforms’ business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman/File Photo

COPENHAGEN (Reuters) – Meta Platforms Inc (NASDAQ:) has halted construction of two data centres in Odense, Denmark, and will instead focus on a new type of data centre used for artificial intelligence (AI), a spokesperson said on Thursday.

Facebook-owner Meta already has two large data centres in Odense, but only one of the three other centres currently under development there will be completed.

“Over the past month, we have announced a number of measures to make us a more streamlined organisation,” Meta spokesperson Peter Münster told Reuters.

“A significant part of these measures is to shift a larger part of our resources to high-priority growth areas, including a strategic investment in artificial intelligence,” he said.

Last month, Meta said it would cut 11,000 jobs, the first in the company’s 18-year history, after disappointing results in several quarters.

The company’s traditional data centres house servers for apps such as Facebook and Instagram. But the calculations needed for AI require a new generation of data centres, Münster said.

Construction on the two halted data centres in Odense began in August. However, on Tuesday Meta terminated the deal with contracting company Per Aarsleff worth 2.4 billion Danish crowns ($344 million).

($1 = 6.9828 Danish crowns)



Source link

Tags: CentresconstructionDataDenmarkHaltsMetaReuters
ShareTweetShareShare
Previous Post

I dive through bins of junk for everything from Christmas lights to tampons – and have found £4,000 worth of new stuff

Next Post

Mullen Automotive discloses purchase order valued at $200M

Related Posts

Why Tariffs May Be a Golden Alternative for Resellers

Why Tariffs May Be a Golden Alternative for Resellers

by Index Investing News
May 21, 2025
0

Tariffs, tariffs, tariffs. That’s what’s been on each enterprise proprietor’s and shopper’s thoughts because the February 2025 announcement that every...

Apple: Dangers From Each Route Plague This ‘Legacy’ Big (NASDAQ:AAPL)

Apple: Dangers From Each Route Plague This ‘Legacy’ Big (NASDAQ:AAPL)

by Index Investing News
May 21, 2025
0

This text was written byObserveI've been a eager scholar of the markets for a number of years now. I like...

NICE: Moat, Profitability, Money, Progress, Worth (NASDAQ:NICE)

NICE: Moat, Profitability, Money, Progress, Worth (NASDAQ:NICE)

by Index Investing News
May 21, 2025
0

This text was written byObserve"Elementary Choices" could be the title of my investing fashion, as a result of I mix...

Wasatch Core Progress Fund Q1 2025 Commentary

Wasatch Core Progress Fund Q1 2025 Commentary

by Index Investing News
May 21, 2025
0

This text was written byComply withWasatch International Traders is a 100% employee-owned funding supervisor based in 1975 and headquartered in...

Smarter B2B Resale Methods for Managing Extra Stock and Returns

Smarter B2B Resale Methods for Managing Extra Stock and Returns

by Index Investing News
May 20, 2025
0

Whether or not it’s cumbersome, unmanifested furnishings or higher-value, sortable shopper electronics, extra stock and buyer returns create substantial operational...

Next Post
Mullen Automotive discloses purchase order valued at 0M

Mullen Automotive discloses purchase order valued at $200M

Just Listed | 3045 Grandiflora Drive

Just Listed | 3045 Grandiflora Drive

Comments 1

  1. Pingback: Meta 停止在丹麦建设两个数据中心 路透社 - 光速日链网

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Why I’m Not Very Fearful concerning the 2032 Asteroid

Why I’m Not Very Fearful concerning the 2032 Asteroid

February 21, 2025
Conor McGregor reveals he was knocked off bike by a car as he targets UFC return | MMA News

Conor McGregor reveals he was knocked off bike by a car as he targets UFC return | MMA News

January 27, 2023
Flak vs. slack | Mint

Flak vs. slack | Mint

February 7, 2023
A Bear Market Revolution Years in the Making

A Bear Market Revolution Years in the Making

November 20, 2022
Katie Ledecky passes Michael Phelps in individual gold metals

Katie Ledecky passes Michael Phelps in individual gold metals

July 30, 2023
Expedia (EXPE): Just a few factors to notice from the Q2 2024 report

Expedia (EXPE): Just a few factors to notice from the Q2 2024 report

August 10, 2024
DBX Earnings: Dropbox Q3 2023 revenues and earnings increase

DBX Earnings: Dropbox Q3 2023 revenues and earnings increase

November 5, 2023
Media’s problem: Attaining steadiness between knowledge, expertise and an ‘at all times on’ viewers

Media’s problem: Attaining steadiness between knowledge, expertise and an ‘at all times on’ viewers

July 11, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In