Meta In Talks For $200 Billion Data Center Project That “Would Dwarf” All Of Its Other Projects
Power and electrical equipment companies moved higher in early trading after The Information reported Tuesday evening that Meta Platforms is in discussions to build a new artificial intelligence data center campus that “would dwarf anything the company has done to date” and be the largest project of its kind, with costs potentially exceeding $200 billion.
A person familiar with the plans said Meta has been speaking with developers about potentially opening the data center campus in states including Louisiana, Wyoming, or Texas, adding senior executives have already toured potential sites.
On Meta’s latest earnings call, META CEO Mark Zuckerberg said the social media company plans to invest “hundreds of billions of dollars” in AI infrastructure “over the long term,” without elaborating.
TikTok Owner ByteDance Plans $12 Billion AI Chip Investing Spree; Trump Unveils “Stargate” Project https://t.co/ngpiMlDhWA
— zerohedge (@zerohedge) January 22, 2025
Like Amazon, Microsoft, and Google, Meta has aggressively increased capital expenditures to expand AI data centers, raising its capex to between $60 billion and $65 billion, nearly 70% higher than last year. The company has not provided details on whether the new project will begin this year.
“Meta’s proposed new data center campus, which hasn’t previously been reported, would be several times larger than a new AI data center in Louisiana that CEO Mark Zuckerberg discussed last month, which he implied would be about four miles long,” The Information noted.
The people said that Elon Musk’s xAI data center in Memphis, Tenn, considered one of the world’s largest AI supercomputers, prompted Zuckerberg and Meta executives to expedite data center expansion plans.
Since the launch of MSFT-backed OpenAI’s ChatGPT in 2022, AI Capex in data center spending has erupted, but a report earlier this week from TD Cowen suggested MSFT began canceling data center orders. However, it “strongly refuted” the Cowen report. US tech firms are also wrestling with ‘DeepSeek’ fears, essentially more efficient AI models that require less data center processing, which brings us to this…
The whole “Capex to the Sky” narrative for AI data centers among Mag7 companies is in jeopardy. However, big tech firms like Meta continue to push back against this bearish narrative by raising their capex projections…
… keeping the bubble alive.
Tyler Durden Wed, 02/26/2025 – 08:45
Source: https://freedombunker.com/2025/02/26/meta-in-talks-for-200-billion-data-center-project-that-would-dwarf-all-of-its-other-projects/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
