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.
Israel reportedly launched a fresh wave of attacks on Iran on Friday (20 March), a day after U.S. President Donald...
Every team in a FIFA women's competition will now be required to have at least one female head or assistant co...
Iranian attacks have wiped out 17% of Qatar’s liquified natural gas export capacity (LNG), equivalent to $20 bi...
U.S. President Donald Trump said Israel struck Iran’s South Pars gas field without U.S. or Qatari involvement, and warned that any Iranian at...
The ongoing conflict involving Iran is set to disrupt global travel on a massive scale, with nearly 28 million outbound trips from the Middle East ...
Iranian attacks have wiped out 17% of Qatar’s liquified natural gas export capacity (LNG), equivalent to $20 billion in lost annual revenue, the CEO of Qatar’s state-owned energy company, Saad al-Kaabi said on Thursday (19 March).
The ongoing conflict involving Iran is set to disrupt global travel on a massive scale, with nearly 28 million outbound trips from the Middle East at risk this year, according to Oxford Economics.
Transport groups across the Philippines launched a nationwide strike on Thursday in protest against rising oil prices. The action affected 15 to 20 protest centres in Metro Manila, with similar demonstrations taking place across several major provinces.
Türkiye’s ambassador to the United Nations, Ahmet Yildiz, has called for Syria to be shielded from the effects of the ongoing regional war, warning that instability could threaten the country’s recovery.
One person has died after a cable car cabin at the Titlis ski resort in central Switzerland plunged down a snow-covered mountainside on Wednesday (18 March) amid strong winds.
Iranian President Pezeshkian has confirmed the killing of intelligence minister Esmail Khatib calling it a "cowardly assassination", following reports that Israel carried out an overnight strike.
U.S. President Donald Trump said Israel struck Iran’s South Pars gas field without U.S. or Qatari involvement, and warned that any Iranian attack on Qatar would prompt massive retaliation. The comments come as regional tensions soar after Tehran fired missiles at Gulf energy sites.
When a NATO-led coalition helped to overthrow Muammar Gaddafi’s dictatorship in Libya in 2011, it looked like the sun had risen on a new era. But within years, the nation was gripped by a second civil war, declining living standards and collapsing institutions. Could Iran follow suit?
South Korean pop sensation BTS, one of the world’s biggest music acts known for their record-breaking albums, global tours and devoted fanbase ARMY, will return to the spotlight in a new documentary, BTS: THE RETURN, premiering globally on Netflix on 27 March.
Britain is considering introducing labels for AI-generated content to protect consumers from disinformation and deepfakes, the government said on Wednesday (18 March), as it sets out the next phase of its approach to regulating artificial intelligence.
Chinese electric vehicle giant BYD is pushing to make charging an electric car almost as quick and convenient as filling up a traditional petrol vehicle - a move that could help remove one of the biggest barriers to wider electric vehicle adoption.
South Korea will soon cease to be one of the few countries where Google Maps does not function fully, after its security-conscious government reversed a two-decade-old policy and approved the export of high-precision map data to overseas servers.
New research suggests 40,000-year-old carved objects from south-western Germany bear repeated marks arranged in organised sign sequences similar to early proto-cuneiform, although they are not regarded as a form of writing.
The chief executive of Google DeepMind, Demis Hassabis, has called for more urgent research into the risks posed by artificial intelligence, warning that stronger safeguards are needed as systems become more advanced.
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