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Meta To Spend ‘Hundreds Of Billions’ On AI Data Centres

  • Meta Platforms plans to spend hundreds of billions on AI data center infrastructure, spearheaded by CEO Mark Zuckerberg.
  • The company will launch its first multi-gigawatt compute facility next year and aims to surpass competitors in data center capacity.
  • Meta's AI efforts are now consolidated under Meta Superintelligence Labs to compete with rivals like Google and OpenAI.
  • The AI unit, led by industry experts, has made significant hires from companies like OpenAI, Anthropic, and Google as part of Meta's spending spree on AI data center infrastructure.

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