Meta announced on Thursday that it will significantly increase its investment in an AI data center under construction in West Texas from $1.5 billion to $10 billion, marking a more than sixfold increase. The data center is scheduled to become operational in 2028 and will achieve an installed capacity of 1 gigawatt. The project is expected to create 300 new jobs and will require over 4,000 construction workers during its peak building phase. Meta has also committed to adding more than 5,000 megawatts of clean electricity to the power grid and providing freshwater through partnership projects. Meta is continuously increasing its investment in AI infrastructure, with capital expenditures expected to reach $13.5 billion this year. However, due to the lack of a cloud infrastructure business, its massive spending is being closely watched by Wall Street. Additionally, Meta faced a setback in court this week due to regulatory issues, causing its stock price to decline. Meanwhile, Meta is cutting costs in other areas, confirming on Wednesday that hundreds of employees will be laid off across multiple departments. Despite this, its data centers continue to expand, with significant investments in chips and systems. Given that the construction of numerous AI data centers has faced opposition from local residents, Meta has already launched eight water restoration projects in Texas. The new data center will employ liquid cooling technology and is expected to use an amount of water comparable to that of a typical local golf course.
