Admitting that it is lagging behind in the AI competition, Meta has announced a massive investment plan within the US to strengthen its position. The company announced a total investment of $600 billion, focusing on data centers.
Meta Announces Massive Investment Plan
Following US President Donald Trump’s efforts to encourage technology giants to invest in the country, this major move from Meta has become clear. Details of the massive investment, which Meta CEO Mark Zuckerberg has been hinting at for some time, have been revealed.
According to the announcement, Meta plans to invest a total of $600 billion in US infrastructure and workforce by 2028. The company states that these investments will support its stated goal of “becoming a champion of US infrastructure.”
Zuckerberg stated that their goals are to “develop super AI for everyone” and “focus on next-generation AI products,” and that data centers play a critical role in this endeavor.
Meta claims to have created 30,000 skilled and 5,000 operational positions to date, and aims to further increase these employment figures. The company pledges that its new data centers will be more energy and water efficient.
Meta also announced its goal of becoming water-use positive by 2030. This major investment also has social implications: millions of dollars in grants will be provided to local schools and nonprofits, as well as support for local services such as taxes and infrastructure.
