Meta to invest $10B in subsea cable that spans the globe: TechCrunch

November 29, 2024

According to a TechCrunch report, Meta (META) is planning to develop a new fiber optic subsea cable, with potential investment for the project reaching up to $10 billion. The project aims to enhance the tech giant’s global internet infrastructure and connectivity and will span across the globe, though it’s still in the very early stages. Market Domination Anchors Julie Hyman and Madison Mills break down the details. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith