TechCrunch reports from a reliable source that Meta is undertaking a new underwater cable project spanning over 40,000 kilometers, designed to connect regions across the globe. This project, valued at over $10 billion, will establish Meta as the sole owner of this underwater cable network, marking a significant infrastructure development.
According to the news source, the project is in its initial stages and has yet to commence cable laying operations. The company is expected to officially announce details to the public early next year, including specifics on cable placement, connection points, and the rationale behind the project.
Previously, underwater cable expert Sunil Tagare revealed Meta’s plan to build a W-shaped cable network, estimating a 5-10 year timeline for completion. It is anticipated that Meta’s decision to create its own network stems from various factors, notably the reliance of all Meta platforms (Facebook, Instagram, WhatsApp) on global internet networks, accounting for 10% of all internet traffic and 22% in mobile phone networks. Establishing an independent internet network will better support the growing demand, particularly with the increasing use of artificial intelligence that requires higher internet resources.
Source: TechCrunch
TLDR: Meta is embarking on a massive underwater cable project to create its own independent internet network, anticipating increased demand and reliance on internet resources.
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