'Meta boosts investment in West Texas AI data center by over sixfold to $10 billion' - CNBC
3/26/2026
Impact: 80
Communication Services
Meta has significantly increased its investment in a West Texas AI data center, raising the budget from $1.5 billion to $10 billion, marking a more than sixfold increase. The project, located in El Paso, aims to enhance AI capabilities and is expected to be completed by 2028. This strategic move reflects Meta's commitment to expanding its infrastructure in the AI sector.
AI summary, not financial advice
Share: