WASHINGTON, Oct. 14 -- The Senate Finance Committee issued the following news release:

Senate Finance Committee Ranking Member Ron Wyden, D-Ore., along with Senators Sheldon Whitehouse, R.I., Elizabeth Warren, Mass., Catherine Cortez Masto, Nev., Maggie Hassan, N.H., Ben Ray Lujan, N.M., and Peter Welch, Vt., called on Meta to justify its use of billions in federal research and development tax credits to fund its rapid buildout of AI data centers, in a letter to Meta CEO Mark Zuckerberg today.

According to recent reporting (https://www.nytimes.com/2026/09/30/technology/meta-ai-data-centers-taxes.html), Meta claimed its AI data centers are experimental "pilot models", and therefore eligible for federal R&D tax credits. That is a potential ...