Meta Platforms is reportedly set to invest more than $200 billion in constructing an unprecedented data center campus to support its artificial intelligence (AI) projects. The new facility will be built with the capacity to meet the demanding requirements of AI development, including a large number of chips and substantial power needs, according to sources familiar with the matter.
The company is considering locations in Louisiana, Wyoming, and Texas for the new data center campus, with senior executives recently visiting potential sites this month. This massive investment aligns with Meta's broader strategy to scale its AI infrastructure to unprecedented levels.
Earlier this year, Meta CEO Mark Zuckerberg revealed the company's plan to invest at least $60 billion in AI during 2025, an increase of over $20 billion compared to the previous year. A significant portion of this investment will go towards building the new data center, which will be equipped to provide the necessary computing power and storage space for advanced AI development.
In addition, Meta plans to acquire over 10,000 Graphics Processing Units (GPUs), essential chips for AI machine learning, further highlighting the company's commitment to advancing its AI capabilities. This strategic investment reflects Meta's determination to stay at the forefront of AI innovation and support its growing demand for computational resources.