Meta intends to spend at least $115 billion this year, about 60% more than the $72 billion it spent last year as it hurries to boost its data centers and artificial intelligence program, the company said on Wednesday, January 28.
Data center mania is sweeping across the U.S., grabbing headlines and spurring investor interest. It has now reached Louisiana, where Meta is building one of the largest developments in the Western Hemisphere. In today’s RBN blog, we’ll look at two gigantic projects planned for Louisiana, the early challenges the Bayou State faced in luring developers, and why it may now be a strong contender to emerge as a major Southern data center hub after a relatively slow start.
Data centers are a buzzy topic in the energy industry, and while there is still a lot of fuzziness about what will actually get built and how much natural-gas-fired power will be needed to support these projects, there’s no doubt that major technology companies are well along in planning a number of massive data centers across the country. In today’s RBN blog, we’ll offer a snapshot of the plans announced by tech giants Microsoft, Amazon, Alphabet (Google) and Meta (Facebook).
