Meta takes another step toward a huge investment in Data Centers for AI technologies


Data Center (Michal Bednarek photo, dreamstime.com)
The Meta Platforms will invest in total $ 29 billion to build and then extend the largest data center in a rural area of the US state of Louisiana. The group led by Mark Zuckerberg has now signed the agreements to ensure the financing of the mega-project, writes Bloomberg.
Pacific Investment Management CO and Blue OWL Capital are the two investment funds that will ensure the financing of this project that will be ready over a few years. The center will be built near a town called Holly Ridge and will have an area equivalent to 70 American football fields.
And other Tech giants have collaborated with investment funds to finance AI data centers. Microsoft has been associated with Blackrock Inc to raise $ 30 billion, and Xai Corp, Elon Musk's company, has obtained $ 5 billion from investors.
The Data Center in Louisiana could become an essential piece for the META goal of creating a “superintelligence” as possible, before the Openai and Google competitors.
The estimation is that 300-500 permanent jobs will be created, and 5,000 people will work at the maximum.
The artificial intelligence products of the meta remained behind those of the rivals. Zuckerberg's company spends billions to recruit new talents and recover the gap.
The data centers are full of servers that store, process and transmit digital data. Although there have been for decades, the rapid advance of artificial intelligence changes the landscape of this industry. Data centers for AI, which train new models, require much more energy than conventional.
Photo source: dreamstime.com




