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Meta plans to build a $10B subsea cable spanning the world, sources say

1. Meta plans a $10 billion subsea cable project for global internet traffic. 2. Ownership will enhance data capability, with a focus on AI and global expansion. 3. Cable's route avoids geopolitical tensions, ensuring reliable connectivity. 4. Meta's investment in India aims for AI infrastructure and user growth. 5. Sole ownership positions Meta with more control over data routes.

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FAQ

Why Bullish?

This investment indicates growth potential, similar to past expansions boosting market performance.

How important is it?

The article highlights Meta's substantial investment, which can significantly enhance their infrastructure.

Why Long Term?

Infrastructure takes years to impact, but strategic positioning is vital.

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