According to a report by The Information, Meta Platforms is in discussions to build a new data center campus dedicated to its artificial intelligence projects, with potential costs exceeding $200 billion.
Sources familiar with the matter say that Meta executives have briefed data center developers on the possibility of locating the campus in states such as Louisiana, Wyoming, or Texas, with senior leaders having visited potential sites this month.
The report comes as investment in AI infrastructure continues to surge following the launch of Microsoft-backed OpenAI’s ChatGPT in 2022. As companies worldwide strive to integrate AI into their products and services, the race to expand data center capacity has intensified.
However, a Meta spokesperson denied the report, stating that the company’s current data center plans and capital expenditures have already been disclosed, adding that any figures beyond those commitments are "pure speculation." This comes on the heels of Meta CEO Mark Zuckerberg’s recent announcement that the company intends to spend up to $65 billion this year to expand its AI infrastructure.
In comparison, Microsoft is planning to invest about $80 billion in data center development for fiscal 2025, while Amazon has indicated that its 2025 spending on similar initiatives will exceed the $75 billion estimated in 2024.
If Meta were to proceed with a project of this scale, it would mark a dramatic increase in investment over its publicly stated plans, potentially reshaping the competitive landscape for AI infrastructure. As the tech industry watches closely, the final decision and scope of Meta’s initiative remain to be seen.
The decision by the United Arab Emirates to leave OPEC+ on 1 May has put renewed focus on one of the most influential groups in global...
Start your day informed with the AnewZ Morning Brief. Here are the top storie...
Mali’s military leader, Assimi Goita, has said the situation is “under control” in his first public remarks since a ...
Efforts to end the Iran conflict were at an impasse on Tuesday with U.S. President Donald Trump unhappy wit...
Speaking during a White House state dinner for the British monarch’s state visit to Washington on Tuesday, President Donald Trump said that t...
Australia's government said on Tuesday that Meta, Alphabet’s Google and TikTok could be penalised unless they negotiate payments with local media outlets for news carried on their platforms.
China has ordered Meta to unwind its more than $2 billion acquisition of artificial intelligence start-up Manus, marking a major escalation in Beijing’s scrutiny of foreign investment in sensitive technology sectors. The order was issued on Monday by the National Development and Reform Commission.
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.
Meta Platforms will cut about 10% of its global workforce from 20 May, marking the start of a wider restructuring as the company increases spending on artificial intelligence (AI) and plans further layoffs later this year, according to sources familiar with the matter.
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.
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.
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.
Tensions between the United States and Iran remain high after a U.S. official said President Donald Trump was unhappy with a proposal from Tehran that does not deal with its nuclear programme. Washington is insisting that any talks must address Iran’s nuclear activities.
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.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 29th of April, covering the latest developments you need to know.
Mali’s military leader, Assimi Goita, has said the situation is “under control” in his first public remarks since a wave of coordinated attacks shook the country last weekend.
Police arrested an 89-year-old suspected of wounding five people in two separate gun attacks in Athens on Tuesday, the Greek Citizens' Protection Ministry said on Tuesday (28 April).
The White House is reviewing security protocols this week following Saturday's shooting at a Washington hotel where President Donald Trump and top officials were attending a dinner, the administration said on Monday.
King Charles III told the U.S. Congress that despite rising tensions in Europe and the Middle East, the United Kingdom and United States remain united in defending democracy, even as divisions grow over the war with Iran.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment