An interview with Corning CEO Wendell Weeks on risk-sharing provisions that protect the company in multibillion-dollar fiber deals with Nvidia, Meta, and Amazon (Christopher Mims/Wall Street Journal)

Techmeme ·

Corning is structuring multibillion-dollar AI data center fiber deals with risk-sharing terms tied to Nvidia, Meta, and Amazon demand.

Categories: Money & Moves

Excerpt

<a href="https://www.wsj.com/tech/ai/corning-wendell-weeks-ai-deals-data-centers-82ad26d7?st=Ej1a4B&amp;reflink=desktopwebshare_permalink"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260613/i3.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260613/p3#a260613p3" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Christopher Mims / <a href="https://www.wsj.com/">Wall Street Journal</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.wsj.com/tech/ai/corning-wendell-weeks-ai-deals-data-centers-82ad26d7?st=Ej1a4B&amp;reflink=desktopwebshare_permalink">An interview with Corning CEO Wendell Weeks on risk-sharing provisions that protect the company in multibillion-dollar fiber deals with Nvidia, Meta, and Amazon</a></b></span>&nbsp; &mdash;&nbsp; CEO Wendell Weeks remembers the dot-com crash and other hardships, and those lessons help him hedge even the most optimistic data-center bets</p>