Reported 15 days ago
Meta Platforms Inc. is investing over $1.5 billion to construct a gigawatt-sized data center in El Paso, Texas, aimed at enhancing its artificial intelligence initiatives. Set to become operational by 2028, this data center will support advanced computing for AI projects, part of a broader strategy where Meta is heavily investing in AI infrastructure alongside competitors. CEO Mark Zuckerberg emphasizes the importance of staying ahead in AI technology, indicating that the company may spend up to $72 billion this year on related capital projects.
Source: YAHOO