Meta boosts investment in West Texas AI data center by over sixfold to $10 billion [MSNBC.com]
Meta Platforms, Inc. - Class A (META)
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Source: MSNBC.com
In this articleMeta 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.Manuel Orbegozo | ReutersThe data center being built in El Paso will lead to the creation of 300 new jobs, Meta said, with more than 4,000 construction workers required at its peak. The company also said it's committed to adding over 5,000 megawatts of clean power to the grid, and will ease the water burden by working with specialized nonprofits to bring fresh water to the area."Since breaking ground last year, we have been proud to call El Paso home and are committed to being a good neighbor," the company said in a blog post on Thursday.When Meta started construction at the 1.2-million-square-foot site in October, its planned investment was $1.5 billion. Gary Demasi, Meta's vice president of data center development, revealed the steppedup investment at an annual Borderplex Alliance summit in El Paso.Meta is ram
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