How Corning Invented A New Fiber-Optic Cable For AI And Landed A $6 Billion Meta Deal
Meta is giving Corning up to $6 billion for fiber-optic cable in its AI data centers, in a deal reported first by CNBC. Famous for making iPhone glass for Apple, the 175-year-old U.S. company is now at the heart of the AI infrastructure boom, with demand for fiber sending its stock up more than 70% in the last year. CNBC went to North Carolina for an exclusive interview with Corning CEO Wendell Weeks about a new type of fiber he helped invent for AI, plus a look at an expansion that Corning says will make its Hickory cable factory the largest in the world, all to meet demand from Meta and other data center giants like Nvidia, OpenAI, Google and Microsoft. Chapters: 0:00 Introduction 2:22 iPhones to AI data centers 7:05 Making fiber for AI 10:20 $6 billion from Meta 12:28 Staying ahead of competition Produced and Shot by: Katie Tarasov Edited by: Andrea Miller Camera by: Magdalena Petrova Senior Director of Video: Jeniece Pettitt Animation: Jason Reginato, Emily Park Additional Footage: Apple, Corning, Getty Images, Meta » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to get ahead at work with AI? Sign up for CNBC's new online course, Beyond the Basics: How to Use AI to Supercharge Your Work. Learn advanced AI skills like building custom GPTs and using AI agents to boost your productivity today. Sign up today: https://cnb.cx/4qKBe6H Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC Corning Reinvented Itself As An iPhone Supplier. Now It's Leaning Into The AI Boom
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