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Meta currently plans to invest $10 billion in an AI data center in El Paso, Texas, far exceeding the previous commitment of $1.5 billion.
The goal of the data center is to achieve 1 gigawatt (1 GW) of power capacity online by 2028.
Meta is increasing its investment in AI infrastructure. In January this year, the company told Wall Street that its capital expenditure for the year would reach as high as $135 billion.
Meta currently plans to invest $10 billion in an AI data center in El Paso, Texas, far exceeding the previous commitment of $1.5 billion.
The goal of the data center is to achieve 1 gigawatt (1 GW) of power capacity by 2028.
Meta is increasing its investment in AI infrastructure. In January this year, the company told Wall Street that its total capital expenditure would reach $135 billion.
Risk Warning and Disclaimer
The market carries risks; investments should be made cautiously. This article does not constitute personal investment advice and does not consider individual users’ specific investment goals, financial situations, or needs. Users should consider whether any opinions, views, or conclusions in this article are suitable for their particular circumstances. Invest at your own risk.