Meta plans $13 billion AI data centre in Alberta, sources say
By
Keean Bexte
Summary
Meta Platforms (Facebook, Instagram, WhatsApp parent) is planning a massive AI data centre investment in Sturgeon County, Alberta, with an estimated $13 billion total investment. The project is tied to a new 932-megawatt natural gas power plant expected to reduce electrical transmission costs for Albertans. Sources describe the investment as "historic" in magnitude, though the final proposal still requires approval from Mark Zuckerberg and Meta's board.
Source
Key quotes
· 2 pulledThis is according to several well-placed sources with direct knowledge of the investment, one that all sources agree will be 'historic' in magnitude.
The project is expected to involve roughly $13 billion in total investment, though the final figure could still change as it is unclear if the final proposal has been approved and signed off by Mark Zuckerberg and Meta's board.
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