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Meta and Pembina Eye Alberta for Massive AI Data Center as Fed’s Jefferson Signals Shift in Inflation Strategy
Stock Market News· 2025-10-03 18:38
Key TakeawaysMeta (META) and Pembina Pipeline Corporation (PBA) are reportedly nearing a deal to construct a massive artificial intelligence data center in Alberta, signaling a significant investment in the region's burgeoning tech infrastructure.Federal Reserve Vice Chair Philip Jefferson affirmed that the central bank possesses sufficient information to guide its decisions for the upcoming October meeting, even amid delays in economic data due to a government shutdown.Jefferson indicated a strategic pivot ...