Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Meta Platforms, Inc. has reportedly classified some of its artificial intelligence data centers as 'pilot models' to claim billions of dollars in federal research tax credits, potentially reducing the cost of its massive AI infrastructure push. Meta's AI Data Centers Under Tax Scrutiny According to a New York Times report, Meta has described certain AI data centers to the Internal Revenue Service as "pilot models" involved in experimental work, allowing the company to claim the research and experimentation tax credit. The tax incentive is intended to encourage companies to invest in research, including qualifying experimental projects and supplies.
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