Meta Platforms Inc. signage in Menlo Park, California. Meta Platforms Inc. is building a new gigawatt-sized data center in Texas to advance its artificial intelligence efforts, the latest in a string of significant investments by the company as it looks to keep pace in the competitive AI industry. The Instagram parent will spend more than $1.5 billion on the new facility, which is being built in El Paso, Texas, the company said in a blog post Wednesday. The data center will eventually have 1 gigawatt of ...