Meta to invest $10 billion for Louisiana data center
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Meta, the parent company of Facebook, announced plans to invest $10 billion in building an AI data center in Louisiana, marking it as the company's largest data center globally.
December 04, 2024 | 8:45 pm
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Meta plans to invest $10 billion in a new AI data center in Louisiana, which will be the largest in the world. This significant investment highlights Meta's commitment to expanding its AI capabilities and infrastructure.
The $10 billion investment in a new AI data center is a substantial commitment by Meta, indicating a strategic focus on AI and infrastructure expansion. This move is likely to positively impact Meta's stock in the short term as it demonstrates growth and innovation potential.
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