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.
Australia's government said on Tuesday that Meta, Alphabet’s Google and TikTok could be penalised unless they negotiate payments with loc...
Iran’s Foreign Minister, Abbas Araghchi, arrived in Russia on Monday for a diplomatic visit to shore up support after two months of conflict....
Mexican special forces arrested Audias Flores, known as “El Jardinero”, a senior commander of the p...
Kazakhstan has ratified a regional green energy agreement with Azerbaijan and Uzbekistan, signalling Central Asia’s ambition to become a key ...
Start your day informed with AnewZ Morning Brief. Here are the top news stori...
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 28th of April, covering the latest developments you need to know.
The United States and Iran clashed at the United Nations on Monday over Tehran's nuclear programme and its selection to be one of dozens of vice presidents at a month-long conference to review the nuclear Non-Proliferation Treaty (NPT).
It's doubtful that Iran's proposal on resolving the two-month war will be accepted by President Donald Trump, an official source said, dampening hopes for a resolution to the conflict that has disrupted energy supplies, fuelled inflation, and killed thousands.
The death toll from a train collision near Indonesia’s capital Jakarta rose to 14 women on Tuesday (28 April), with 84 people injured, after rescuers completed efforts to free passengers trapped in the wreckage, the state rail operator said.
Disney+ has debuted Disney Animation’s Songs in Sign Language, a new collection of animated musical sequences reimagined in American Sign Language (ASL), released on 27 April to mark National Deaf History Month.
President Donald Trump said on Sunday Iran could telephone if it wants to negotiate an end to their two-month war. Tehran said the U.S. should remove obstacles to a deal, including its blockade of Iran's ports. Meanwhile Iranian Foreign Minister Abbas Araghchi arrives in St Petersburg for talks.
Market reaction to DeepSeek’s preview of its next-generation artificial intelligence model has been relatively subdued, in sharp contrast to the global shock triggered by its breakthrough releases last year.
Adidas shares rose after Kenya’s Sebastian Sawe delivered a historic performance at the London Marathon on Sunday (26 April), becoming the first athlete to run an official marathon in under two hours.
China’s reaction to the latest tensions around Iran has been firm in tone but restrained in action. It has condemned strikes, called for dialogue and stepped up diplomacy but shown no sign of military involvement or appetite for escalation.
Market reaction to DeepSeek’s preview of its next-generation artificial intelligence model has been relatively subdued, in sharp contrast to the global shock triggered by its breakthrough releases last year.
Meta, which owns Facebook and Instagram, said it's installing software on its employees computers to capture keystrokes and mouse movements to use to train its artificial intelligence (AI) agent models.
Chinese electric vehicle (EV) maker XPeng says it expects to begin delivering its flying cars in 2027, as the company pushes ahead with plans to bring futuristic transport closer to everyday use.
China’s software and information technology services industry is on track to exceed 20 trillion yuan (around $2.9 trillion), underscoring the country’s rapid digital expansion and growing influence in the global technology sector.
Taiwan’s rising prominence in the global artificial intelligence (AI) supply chain has powered a significant stock market rally, driven by soaring demand for advanced chips and servers.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment