We recently compiled a list of the 9 AI News Updates That Analysts Are Monitoring. In this article, we are going to take a look at where Meta Platforms, Inc. (NASDAQ:META) stands against the other AI stocks analysts are monitoring.

Social media and tech giant Meta (NASDAQ:META) is planning to build a nearly 25,000-mile (40,000-kilometer) fiber-optic subsea cable that will go around the world, and the investment in the project could go over $10B,

Meta may try and avoid areas where there is geopolitical tension when building the cable, including the Red Sea, the South China Sea, and Egypt.

Meta plans a $10 billion global underwater cable project spanning 25,000 miles, which would be solely owned by Meta, TechCrunch reported.

Meta is reportedly planning to build a world-spanning fiber-optic subsea cable for its own exclusive use. According to TechCrunch, the $10 billion project will create a new 40,000+ kilometer (about 24,

Meta, the parent of Facebook, Instagram, and WhatsApp, is the second-biggest driver of internet usage globally. Its properties — and their billions of users — account for 10% of all fixed and 22% of all mobile traffic.