Meta Platforms expands its El Paso, Texas AI data center investment to $10 billion from $1.5 billion, targeting 1GW power capacity by 2028, while stock plunges 7.96% on social media addiction lawsuit loss amid concerns over lack of cloud business revenue compared to tech rivals.
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https://en.infomaxai.com/news/articleView.html?idxno=112423

Meta Expands Texas Data Center Investment Sixfold to $10 Billion
Meta Platforms expands its El Paso, Texas AI data center investment to $10 billion from $1.5 billion, targeting 1GW power capacity by 2028, while stock plunges 7.96% on social media addiction lawsuit loss amid concerns over lack of cloud business revenue compared to tech rivals.