Subsea Cable Investment Set To Double As Tech Giants Accelerate AI Buildout

Investment in subsea cable projects is expected to reach around $13 billion between 2025 and 2027, almost twice the amount invested between 2022 and 2024, according to telecommunications data provider TeleGeography. Tech giants Meta, Google, Amazon and Microsoft now represent about 50% of the overall market, up from a negligible share a decade ago.

The companies are expanding their subsea infrastructure to connect growing networks of data centers needed for AI development. Meta announced Project Waterworth in February, a 50,000-kilometer cable connecting five continents that will be the world's longest subsea cable project. Amazon announced its first wholly-owned subsea cable called Fastnet, connecting Maryland to Ireland. Google has invested in over 30 subsea cables. Over 95% of international data and voice call traffic travels through nearly a million miles of underwater cables.

May I be the first

[blue trane]

May I be the first to say, "poor fish"?

What's the product

[stealth_finger]

Have they even figured out a way to make money or anything from these yet or are we just burning all the cash and power hoping someone will figure that out sooner rather than later?

Re:

[Mr. Dollar Ton]

The stock price "growth" while the government is pumping the bubble, just like the last time around.

Re: What's the product

[blue trane]

Do bubbles matter when the Fed can buy stocks to end panics, such that the S&P keeps setting record new highs despite these bubbles?

If the Fed had bailed out Lehman, would the 2008 panic even have started?

Re:

[Mr. Dollar Ton]

Do bubbles matter when the Fed can buy stocks to end panics

Yes, quite obviously. Given the amount of grift supply required by the donors of the politicians today, Fed doesn't have the money printing capacity anymore.

If the Fed had bailed out Lehman, would the 2008 panic even have started?

Yes it would have, a bit later into the bubble.

But perhaps you can ask former treasury secretary Paulson, formerly of Goldman and Sachs, the Lehman competitor, about it. He must have the details on that non-bailout - if anyone does.

Re:

[Big Bipper]

Who cares if they make a profit or not, that's the shareholders ( bag holders ? ) problem. At the end of the day you and I won't be paying for them, but they still will be there for us to use.

BRICS dropping anchors

[HnT]

BRICS will acccccccidentally be dropping and towing anchors EVERYWHEREâ¦

Re:

[linuxguy]

> BRICS will acccccccidentally be dropping and towing anchors EVERYWHERE

Under sea cables are not a new thing and have been around a long time. Some do get cut accidentally. But there is no evidence to support the claim that BRICS are colluding to cut all under sea cables. People live in metaphorical glass houses. If you throw a rock at someone else's house, they might overreact and bulldoze yours.

Obligatory, Niel Stephenson Hacker Tourist link:

[echo123]

From 1996:

https://www.wired.com/1996/12/... [wired.com]