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Corning Secures Roughly $6B from Meta as AI Data‑center Buildout Spurs Massive Fiber Demand

Meta will purchase up to $6 billion of Corning fiber‑optic cable through 2030 to support an expanding fleet of AI data centers, accelerating Corning’s plant expansions and signaling broader vendor-capital alignment across the AI infrastructure supply chain. Similar strategic financing and equity ties elsewhere in the ecosystem — for example, Nvidia’s investment in CoreWeave — underscore how chipmakers, hyperscalers and suppliers are locking in downstream capacity while raising execution, power and regulatory considerations.

Miden and KODA Partner to Build Privacy-First Crypto Infrastructure for Korean Institutions

Modi Pledges $100 Billion to Boost Domestic Oil Drilling and Reduce Crude Imports

India is proposing about $100 billion in upstream investment to expand domestic oil drilling and cut reliance on imports; the plan also functions as insurance against potential shifts in discounted Russian crude flows and rising logistical constraints. The program raises questions about timing, fiscal exposure and how it will interact with refiners facing tighter access to cheap foreign feedstock.

U.S. Intelligence Moves to Build a Permanent Presence Inside Venezuela