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Lou Gerstner, a former IBM CEO and chairman credited with turning the company around, died at 83; IBM's market value rose from $29B to ~$168B during his tenure (Patrick Oster/Bloomberg)

Patrick Oster / Bloomberg : Lou Gerstner, a former IBM CEO and chairman credited with turning the company around, died at 83; IBM's m...

5 December 2024

Meta plans to invest $10B to build a data center in Louisiana, in what would be its largest data center in the world, and expects work to start in December (Reuters)

Reuters:
Meta plans to invest $10B to build a data center in Louisiana, in what would be its largest data center in the world, and expects work to start in December  —  Facebook-parent Meta (META.O) said on Wednesday it plans to invest $10 billion to set up an AI data center in Louisiana …

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