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The Economic Times
The Economic Times
Anupam Nagar

US Stock Market: Meta unveils C$13 billion AI data centre in Canada; stock in focus

Meta Platforms will invest C$13 billion ($9.17 billion) to build its first data centre in Canada, marking another major step in the social media giant's aggressive artificial intelligence infrastructure expansion, according to a Reuters report.

The company said the new facility will be located in Sturgeon County, Alberta, with an initial capacity of 1 gigawatt and the ability to scale up to 1.8 gigawatts, making it one of Meta's largest AI-focused infrastructure projects globally.

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