Meta tells the IRS its AI data centres are experiments, NYT reports
This story is from 2026-10-01. It is preserved in the archive; the latest stories are on the live feed.
Meta tells the IRS that its AI data centres are an experiment that could fail, The New York Times reported on Wednesday. That lets Meta claim a research tax credit on the AI chips it buys. The credit cut almost $4bn off its tax bill last year. Kashmir Hill, Jesse Drucker, Eli Tan and Mike [ ] This…
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- 2026-10-01 12:40 · The Next Web
Meta tells the IRS its AI data centres are experiments, NYT reports