Meta Platforms Inc. (META, Financial), led by CEO Mark Zuckerberg, announced plans to construct several large data centers to enhance its artificial intelligence (AI) initiatives. The first of these centers, named Prometheus, is expected to be operational in 2026.
Zuckerberg, addressing concerns about Meta's lag in AI advancements, has assembled a team of experts to pursue the goal of achieving general AI. The newly established Meta Superintelligence Labs includes researchers recruited from top AI companies like OpenAI and Google's DeepMind.
The planned data centers are described as multi-gigawatt "clusters," potentially ranking among the largest globally. According to SemiAnalysis, Meta is poised to become the first company with a "super cluster" exceeding 1 gigawatt capacity.
Following this announcement, Meta's stock price rose by 1.1%, reaching $725.30.
