Tue, 15 Jul 2025

Tue, 15 Jul 2025 Meta to spend hundreds of billions to build AI data centres

The founder of the social media giant said one of the sites would cover an area nearly the size of Manhattan.

* Meta's founder Mark Zuckerberg has announced plans to build huge AI data centers in the US, with a focus on developing "superintelligence" technology.
* The company will invest hundreds of billions of dollars in building multiple multi-gigawatt clusters, including Prometheus (59.1 sq km/22.8 sq miles) and Hyperion (5 gigawatts).
* The first cluster, Prometheus, is expected to come online in 2026, while Hyperion is expected to be fully online by 2030.
* Meta's investment in AI has been ongoing, with the company generating over $160bn in revenue in 2024.
* Analysts say that Meta's move to invest heavily in AI could lead to significant advancements in technology, but also raises concerns about energy and water consumption.
* Meta shares rose by 1% following the announcement.
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