Meta to invest $600 billion in U.S. infrastructure and jobs
Meta to invest $600 billion in U.S. infrastructure and jobs
The company is building a framework to power its AI goals
American multinational technology firm, Meta Platforms, has announced an investment of $600 billion in U.S. infrastructure and jobs over the next three years.
This would include artificial intelligence (AI) data centers, as the company strives to build infrastructure to power its AI ambitions.
The social media giant has plans to achieve superintelligence, a theoretical milestone where machines outthink humans. It has pledged billions of dollars to build several large AI data centers.
Recently, Mark Zuckerberg, CEO of Meta, apprised U.S. President Donald Trump about the investment at a White House dinner. He added that Meta was building compute because "it's the right strategy to aggressively front-load capacity so we're prepared for the most optimistic cases," on the company's recent earnings.
The social media giant had secured a $27 billion deal with Blue Owl Capital to fund its Louisiana data center, its biggest project globally. It has committed to investing $1.5 billion in a data center in Texas, its 29th such facility worldwide.
