Mark Zuckerberg wants to spend $60B on building data centers this year
Meta’s capital expenditures for this year are expected to range from $60 billion to $65 billion, the New York Times reported, citing a Facebook post from the company leader. That’s a massive jump from the $38 billion to $40 billion the company spent last year.
Meta to Invest Up to $65B in 2025 Into Data Center, AI
Meta Platforms plans to invest up to $65 billion in capital expenditures in 2025 to expand efforts related to data centers and artificial intelligence. Chief Executive Mark Zuckerberg said the social-media company will build a 2-gigawatt-plus data center and will end the year with more than 1.
As energy demand surges, largely due to crypto mining facilities, data centers and industrial electrification, Texas ...
A UAE investment firm planned to expand across eight states in the sunbelt. Government officials commented on the potential ...
Amazon bought hundreds of acres of land in Ohio to build a massive data center. Are server farms and data centers different?
“We’ve got about 90 gigawatts [of data centers] globally in 2023, and that’s going to increase to over 185 gigawatts by 2028, ...
The process means that the communities get little input, even though the data centers create both air and noise pollution.
The unit of Blackstone dedicated to investments in the energy industry has agreed to acquire Potomac Energy Center, the asset ...
OpenAI, SoftBank and Oracle will fund the creation of 10 facilities during the initial phase of the Stargate initiative, with ...
10hon MSN
Amazon’s server farms in eastern Oregon are using much less fossil fuel to power their operations, new data shows, sharply ...
A proposed bill in the Maryland General Assembly seeks to create an analysis and report about the economic, environmental and ...
Tech Xplore on MSN2d
The multifaceted challenge of powering AI with data centersArtificial intelligence has become vital in business and financial dealings, medical care, technology development, research, ...
J.P.Morgan estimated spending on data centers could contribute between 10-20 basis points to U.S. economic growth in ...
The PSC approved a new rule that allows Georgia Power to charge new data centers in a manner that will protect ratepayers from cost shifting, according to a release.
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