Mark Zuckerberg-led Meta is in talks to develop a new data center campus to support its artificial intelligence projects. As per Reuters citing The Information report, the potential cost of the setup could exceed $200 billion. The report further added that Facebook’s parent company is considering locations including Louisiana, Wyoming, and Texas to set up its biggest facility center.
Meta has been heavily investing in AI driven innovations after AI innovations like OpenAI’s ChatGPT has catalysed a widespread push across industries to integrate AI into their products and services. However, in response to the claims, Meta spokesperson has denied the claims of the company setting up a new center. The spokesperson has clarified that its data center expansion plans and capital expenditures have already been disclosed, dismissing the reported $200 billion investment as “pure speculation.”
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Previously, Meta CEO Mark Zuckerberg has stated that the company will be investing up to $65 billion this year to expand its AI infrastructure. This comes after tech giants like Microsoft and Amazon has also started investing heavily in AI and data centers.
The report suggests that Microsoft is planning to invest around $80 billion in data centers for fiscal 2025. On the other hand, Amazon has stated that it has invested over $75 billion in 2024. It would be interesting to see if Meta will set up the AI data center in the US or these are only speculations.
In other news, Apple has announced a $500 billion investment in the United States over the next four years, with a primary focus on expanding its manufacturing footprint and improving research and development. Apple plans to build a new 250,000-square-foot facility in Houston to support its Private Cloud Compute system. It will also establish a supplier academy in Michigan, expand data centers across multiple states, and maintain chip production at TSMC’s Arizona facility.
