Meta Platforms announced on Friday, November 7, that it will invest $600 billion in the United States, which is more than the total GDP of many countries. The investment will create infrastructure and jobs in the United States over the next three years, including artificial intelligence data centers, as Mark Zuckerberg’s company competes to build the infrastructure to power its AI ambitions.
Social media giant Meta has put more emphasis on artificial intelligence, aiming to achieve superintelligence, a theoretical milestone where machines surpass all forms of human intelligence.
The company has announced an investment of hundreds of billions of dollars to build several large AI data centers (where vast amounts of information are stored, processed, and analyzed) and plans even bigger spending to meet computing demands, according to Reuters.
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In September, CEOs and owners of major technology companies attended a dinner at the White House, where Meta CEO Mark Zuckerberg told US President Donald Trump that his company would invest “at least $600 billion” in the US over the coming years, a giant commitment.
Zuckerberg’s company Meta has forecast that capital spending will increase significantly in 2026, largely due to investments in artificial intelligence, which includes rapidly building data centers to power AI efforts.
Last month, the tech company signed a $27 billion financing deal with Blue Owl Capital to build and operate the “Hyperion data center campus” in Richland Parish, Louisiana, its largest project worldwide.
Reuters’s reporting contributed to this article.