Meta Platforms (NASDAQ: META) is reportedly in discussions to build a new data center campus dedicated to its artificial intelligence projects, with potential costs exceeding $200 billion. The company is considering locations in Louisiana, Wyoming, or Texas, with senior leaders having visited potential sites this month. However, a Meta spokesperson denied the report, stating that their data center plans and capital expenditures have already been disclosed and that anything beyond that is “pure speculation.”
As of 8:56 AM EST on February 26, 2025, Meta Platforms’ stock is trading at $657.50, reflecting a decrease of $10.61, or 1.59%, from the previous close.
To view the full article, visit https://ibn.fm/h48T1
About Meta Platforms
Meta Platforms, formerly known as Facebook, Inc., is a leading technology company specializing in building products that enable people to connect and share through mobile devices, personal computers, virtual reality headsets, and in-home devices. Its segments include Family of Apps (Facebook, Instagram, Messenger, WhatsApp) and Facebook Reality Labs, which focuses on augmented and virtual reality-related consumer hardware, software, and content.
About InvestorWire
InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer
InvestorWire
Austin, Texas
www.InvestorWire.com
512.354.7000 Office
[email protected]
InvestorWire is powered by IBN