Meta's $800M AI Hub

Meta's $800M AI Hub

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  • Meta Platforms Inc. is investing $800 million in a new data center in Jeffersonville, Indiana, emphasizing its commitment to advancing artificial intelligence (AI) services. This facility will be specifically optimized for AI, featuring advanced equipment such as liquid-cooled hardware to meet the substantial computing demands of AI applications. While Meta has previously adapted existing data centers for AI, this project is designed from the ground up with AI support in mind, showcasing the company's strategic emphasis on technological innovation.
  • The Jeffersonville data center, slated to be Meta's 22nd globally, is projected to be operational by 2026. It is anticipated to create around 100 operational jobs once fully functional. The location, situated near Louisville, Kentucky, is part of an agreement with Indiana that includes sales tax exemptions for Meta spanning the next 35 years, further solidifying the company's commitment to its AI-centric vision.

Why it matters

Mark Zuckerberg, CEO of Meta, has underscored the company's heightened focus on AI to compete with industry leaders like Google and Microsoft.

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