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.
Read next
10:50
China and Kazakhstan
China and Kazakhstan have reaffirmed their commitment to strengthening their permanent comprehensive strategic partnership, pledging to boost cooperation across key sectors during the second China-Kazakhstan Foreign Ministers' Strategic Dialogue in Beijing.
18:30
AI-powered blood test
A highly accurate blood test that uses artificial intelligence to detect multiple cancers from just a few drops of blood is now entering clinical trials across the UK’s National Health Service.
15:51
Earthquakes
A magnitude-6.3 earthquake jolted Ecuador’s Pacific coast near Esmeraldas early Friday, sending residents into the streets but causing no immediate damage or tsunami alert, according to the European-Mediterranean Seismological Centre.
15:26
Trump
In an expansive interview marking his first 100 days back in office, President Donald Trump sketched out an agenda that touches everything from punitive tariffs and China policy to cease-fire hopes in Ukraine and an overhaul of domestic programmes. Below are the highlights.
14:53
U.S.- China trade
U.S. President Donald Trump told *Time* on Friday that he and China’s Xi Jinping are negotiating a tariff deal and have spoken by phone—an account Beijing continues to challenge.
What is your opinion on this topic?
Leave the first comment