Meta: Investment volume for new AI data center in Texas rises to $10 billion!

Meta multiplies its planned expenditures for its 29th global data center in El Paso, Texas from $1.5 billion to $10 billion. By the time it becomes operational in 2028, the facility is expected to achieve a power capacity of one gigawatt. The company is responding to the extremely high physical resource demands that training and operating specialized hardware for Artificial Intelligence necessitate. The record capacity of one gigawatt goes hand in hand with extensive investments in local water supply Originally, management had estimated a budget...