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SGBusiness2 days ago

Meta signs new AI computing deals with data center firm Crusoe, Bloomberg News reports

Meta Platforms has reportedly signed agreements with data center firm Crusoe to secure AI computing power at two locations in Texas and Missouri, according to a Bloomberg News report. The deal involves approximately 1.6 gigawatts of computing capacity, though financial details and delivery timelines remain unclear. Meta, along with other major technology companies, is investing heavily in AI infrastructure amid high demand for computing resources.

June 18 : Meta Platforms has secured new agreements to get AI computing power from data center developer Crusoe, Bloomberg News reported on Thursday, as it strengthens infrastructure required to support its AI expansion.

Meta and Crusoe did not immediately respond to Reuters' requests for comment on the report, which cited people familiar with the situation. Reuters could not independently verify the report.

Here are some details:

• Meta is under contract to buy computing capacity from Crusoe at two data centers, which are located in Childress, Texas, and Warrenton, Missouri, according to the report.

• Meta is set to get roughly 1.6 gigawatts of capacity combined across the two sites, the report said.

• A single gigawatt is enough to roughly power 750,000 U.S. homes.

• The Bloomberg report said that it was not immediately clear how much Meta will be spending or when the computing capacity will be delivered.

• Meta, like its Big Tech peers, has been pouring billions of dollars into AI data centers and computing power, as demand continues to outstrip supply.

• Meta has pledged to invest $600 billion in U.S. infrastructure and jobs over the next three years, as it builds out massive data centers to power CEO Mark Zuckerberg's aggressive bets on AI agent technologies.

Read the full article at Channel NewsAsia (CNA)
Source document: Bloomberg News report

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Channel NewsAsia (CNA)Party-alignedCenter2 days ago
Meta signs new AI computing deals with data center firm Crusoe, Bloomberg News reports

Meta Platforms has reportedly signed agreements with data center firm Crusoe to secure AI computing power at two locations in Texas and Missouri, according to a Bloomberg News report. The deal involves approximately 1.6 gigawatts of computing capacity, though financial details and delivery timelines remain unclear. Meta, along with other major technology companies, is investing heavily in AI infrastructure amid high demand for computing resources.

Bias read (Center): The article presents factual information about Meta's reported agreement with Crusoe for AI computing power without taking a stance or using biased language. It includes details from the Bloomberg News report and notes that Meta and Crusoe have not commented on the matter. There is no evident slant,

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