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Meta's giant AI data center bet

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Meta's giant AI data center bet

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24 segments

0:00

As AI usage in our products and

0:02

businesses continues to ramp, uh we

0:04

continue to invest aggressively in

0:06

infrastructure to meet the demand.

0:08

Yesterday, as part of our meta compute

0:10

effort, we announced a new strategic

0:12

venture with BlackRock to develop a new

0:15

1 gigawatt data center in El Paso,

0:17

Texas.

0:18

Overall, [snorts]

0:19

we expect that a significant portion of

0:21

our compute is going to go towards

0:23

training our models, growing our core

0:24

business, and delivering personal agents

0:27

and new products.

0:28

But, we also expect to grow a large

0:30

business serving large customers as

0:32

well. Uh we've built our API, we're

0:34

rolling out business agents, we're

0:35

getting a lot of offers for compute at a

0:37

significant premium over what we paid

0:39

for it. And we have more coding and

0:42

productivity tools on our road map as

0:44

well.

Interactive Summary

Meta is heavily investing in AI infrastructure, including a new 1-gigawatt data center in Texas with BlackRock, to support model training, personal agents, and business expansion.

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