Reposted by @missdake.bsky.social
Only little people pay taxes. "Meta reduced its tax bill by claiming artificial intelligence data centers are experimental "pilot models" to qualify for research tax credits." finance.yahoo.com/technology/a...
finance.yahoo.com
Meta reportedly calls its AI data centers ‘pilot models’ — its research tax credits jumped from $700M to $3.9B
The company appears to have netted the most from that credit among all publicly traded companies.