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Mmastodon BusinessBusiness first seen 7 h ago, last 5 h ago, peak #2

Report Says Taxpayers Subsidized Meta's AI Data Centers

Original: Taxpayers Have Been Subsidizing Meta's AI Data Centers: Report https://gizmodo.com/taxpayers-have-been-subsidizing-metas

A new report claims that Meta's AI data centers have been partly funded through taxpayer subsidies, meaning public money helped support the company's artificial intelligence infrastructure buildout. The finding has drawn attention on social media and among business and tech commentators, adding to ongoing criticism of large tech firms benefiting from public incentives while expanding expensive AI operations.

Why now: Growing public scrutiny of how much public money supports big tech's costly AI expansion.

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