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Meta boosts investment in West Texas AI data center by over sixfold to $10 billion
CNBC· 2026-03-26 19:00
Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company's headquarters in Menlo Park, California, on Sept. 25, 2024.Meta is boosting its spending commitment on a forthcoming AI data center in West Texas by more than sixfold to $10 billion, with an aim to reach 1 gigawatt of capacity by the time the facility comes online in 2028, the company said on Thursday.The data center being built in El Paso will lead to the creation of 300 new jobs, Meta said, with more than ...