Meta is giving $1bn to data centre towns. Its proof is a tax from 1968
Mark Zuckerberg announced a $1 billion Future Is For Everyone Fund on Monday. It will invest directly in the American communities where Meta builds data centres. The commitment sits inside a 6,500-word letter, The Future is for Everyone: The Path to a Positive AI Future. Meta published both the same day.
The memo gives it one sentence. “We are launching a Future Is For Everyone Fund to support each community we work in directly.”
Meta says it will work with communities to design investments around local needs. Axios reported that the money would go to teachers, first responders, and energy and water infrastructure. Fox Business listed teachers, law enforcement and local infrastructure.
Peter Kafka at Business Insiderfound what the announcement leaves out. No count of communities. No count of people. No period over which the money gets spent. A person familiar with the plan told him the fund...
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