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00:03MetaPlatform's longtime infrastructure leader, Santosh Janardhan,
00:07will leave the company in 2027, according to CNBC.
00:11Janardhan, who joined Meta in 2009,
00:13will hand leadership of its infrastructure operations
00:16to former Amazon Web Services executive David Brown.
00:19Brown joined Meta in July
00:21and will serve as chief technical officer of its MetaCompute initiative,
00:26overseeing data center infrastructure
00:28supporting the company's AI ambitions.
00:30Janardhan will assist with the transition
00:32through the first quarter of 2027.
00:35The leadership change comes as investors scrutinize
00:38Meta's rising capital expenditures.
00:40Meta expects full-year capital spending
00:43of $135 billion to $145 billion.
00:48The company reported negative free cash flow
00:51of $2.12 billion in the third quarter,
00:54prompting S&P Global Ratings
00:56to revise its credit outlook from stable to negative.
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