Meta Platforms Plans $200 Billion Data Center for AI Projects

#Data Centers#Cloud Infrastructure#Mergers and Acquisitions#Meta Platforms#Artificial Intelligence#Technology#Data Center

258+ Words Refined into 1 Facts by AI • 2 sources • 1h ago

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Meta Platforms is reportedly in talks to build a new data center campus for its artificial intelligence projects, which could exceed $200 billion.
The Information reported on the potential data center project, highlighting its significance for Meta's AI initiatives.

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Related Update: 1 hours later

Surge in Data Center Demand and Energy Solutions

216+ Words Refined into 5 Facts by AI • 2 sources • 7m ago

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The demand for data centers is accelerating at an unprecedented pace, driven by the rapid expansion of artificial intelligence (AI) and digital applications.
Current projections indicate a 22% annual growth rate in overall data center capacity from 2023 to 2030, with generative AI workloads increasing at an even faster rate of 39% annually.
In 2022, data centers worldwide consumed an estimated 415 terawatt hours (TWh) of electricity, exceeding the total power usage of all of Great Britain for that year.
By 2026, global data center consumption is expected to nearly double to 835 TWh, approaching Japan’s total national energy usage.
As data centers face increasing energy demands, nuclear power has emerged as a viable long-term solution, providing a reliable and carbon-free power source.

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