Meta Platforms is set to invest nearly $1 billion in a new data center project in central Wisconsin as part of its broader push into artificial intelligence technology, according to a Bloomberg News report released on Friday.
Earlier this year, Wisconsin reached an agreement with an unnamed company using an alias to develop the data center, with an expected multiyear investment of $837 million. Documents reviewed by Bloomberg confirmed that Meta is behind the project.
Both Meta and the Wisconsin Economic Development Corporation declined to comment when contacted by Reuters about the report.
The increasing investment in data centers is part of a broader trend where technology giants are ramping up capital expenditures to meet the growing demand for computing power to support generative AI applications, including those like OpenAI's ChatGPT and Google Gemini. Meta, for example, has allocated up to $65 billion in 2025 to expand its AI infrastructure, driven by pressures from investors to deliver returns on significant technological investments.
However, analysts have warned that President Donald Trump's new reciprocal tariffs, which affect imported goods, could pose a challenge to Big Tech's multibillion-dollar efforts to expand AI infrastructure in the U.S., potentially undermining one of the administration's key goals.
Iranian and U.S. negotiating teams were due in Doha this week, but Iran said on Monday no meeting had been scheduled as weekend missile fire from both...
German prosecutors have arrested a German-Rwandan national on suspicion of aiding genocide and 25 counts of murder during the 1994 Rwandan genocide, a...
South African police arrested more than 900 people during nationwide anti-migrant protests on Tuesday (30 June), as demonstrations across the country ...
On 1 July, President of the European Commission Ursula von der Leyen arrived in Azerbaijan on a working visit....
At least five people have died after a fire swept through a 10-storey apartment building in the Belgian city of Antwerp, authorities said on Wednesday...
German prosecutors have arrested a German-Rwandan national on suspicion of aiding genocide and 25 counts of murder during the 1994 Rwandan genocide, authorities said on Wednesday (1 July).
South African police arrested more than 900 people during nationwide anti-migrant protests on Tuesday (30 June), as demonstrations across the country turned violent in some areas, although most remained peaceful.
On 1 July, President of the European Commission Ursula von der Leyen arrived in Azerbaijan on a working visit.
At least five people have died after a fire swept through a 10-storey apartment building in the Belgian city of Antwerp, authorities said on Wednesday.
Iranian and U.S. negotiating teams were due in Doha this week, but Iran said on Monday no meeting had been scheduled as weekend missile fire from both sides tested the interim ceasefire to end the four-month-old war.
The U.S. and Iran have agreed to 'stand down' and resume technical talks, allowing vessels allowed to move freely under the interim peace deal, a U.S. official said.
Iran has ruled out direct talks with senior U.S. envoys in the Gulf, saying any contact will take place through Qatari mediators. Meanwhile, Steve Witkoff and Jared Kushner have met in Doha with Qatar's PM Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani.
The wife and children of Argentine footballer Lucas Trejo were among around 1,700 people who died when two earthquakes struck northern Venezuela last week.
Mexico ended their 40-year wait for a World Cup knockout win, while Erling Haaland sent Norway through and Kylian Mbappé fired France into the last 16.
American technology company Snap has launched its first augmented-reality (AR) glasses for consumers, marking a major push into wearable computing as tech firms race to redefine personal devices in the AI era.
The Canadian government has introduced a digital safety bill that would ban children under the age of 16 from using social media, unless platforms meet specific safety standards.
NASA has named three American astronauts and one Italian astronaut to fly on its Artemis III mission, a major orbital test planned for late next year that will evaluate lunar landing vehicles developed by SpaceX and Blue Origin.
China will send an astronaut to its space station on Sunday for a one-year mission, the longest duration for the country so far. The mission will help study long-duration human physiology in space as China works toward a crewed Moon landing by 2030.
Anxiety over artificial intelligence is hardening among young workers as executives promote faster adoption and companies point to automation in fresh job cuts.
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