Summary:
1. Corning Incorporated and Meta Platforms signed a multi-year agreement worth up to $6 billion to develop advanced data centers in the US.
2. Corning will supply optical fiber, cable, and connectivity solutions to Meta, expanding its manufacturing operations in North Carolina.
3. The partnership aims to strengthen domestic supply chains, support US-based data center construction, and create skilled jobs.
Article:
Corning and Meta Platforms Partner to Advance US Data Center Infrastructure
Corning Incorporated and Meta Platforms have recently announced a groundbreaking partnership with a multi-year agreement valued at up to $6 billion. The collaboration is focused on the development of cutting-edge data centers in the United States to cater to Meta’s applications, technologies, and artificial intelligence infrastructure.
As part of the agreement, Corning will be responsible for supplying optical fiber, cable, and connectivity solutions to Meta. To meet the increasing demand, Corning will be expanding its manufacturing operations in North Carolina, with a particular focus on enhancing capacity at its Hickory optical cable facility, where Meta will be the primary customer.
Wendell P. Weeks, Chairman and CEO of Corning, highlighted the significance of this investment in boosting the company’s manufacturing footprint in North Carolina. He also mentioned that the partnership with Meta is expected to lead to a 15 to 20 per cent increase in employment across the state, encompassing a diverse workforce of scientists, engineers, and production staff. Moreover, the collaboration aims to reinforce domestic supply chains and bolster US-based data center construction efforts.
Meta, on the other hand, is ramping up its development of data centers in the US and placing a strong emphasis on utilizing domestically produced technology. Joel Kaplan, Chief Global Affairs Officer at Meta, expressed his pride in partnering with Corning, a company renowned for its expertise in optical connectivity and commitment to domestic manufacturing. The collaboration is set to provide the high-performance fiber optic cables essential for Meta’s AI infrastructure, while also contributing to the creation of well-paid, skilled jobs in the US and supporting local economies.
This strategic agreement between Corning and Meta signifies a joint effort to advance US-based manufacturing and technology in the realm of data center infrastructure. By leveraging the strengths of both companies, the partnership is poised to play a pivotal role in shaping the future of data centers in the United States.