Meta Platforms Announces $9 Billion Canadian Data Center to Expand AI Infrastructure
Meta Platforms (META) announced plans to invest $9 billion in its first data center outside the U.S., located in Alberta, Canada. The facility will support scaling artificial intelligence workloads and Llama models. While Meta's stock is currently down about 6% year-to-date, the announcement reflects a significant long-term infrastructure commitment.
Topics: AI infrastructure Alberta data center investment Meta