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Meta Boosts El Paso AI Center Investment to $10 Billion

3/27/2026

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Story summary
  • Meta Platforms, Inc. (Meta) expands its AI data center in El Paso, Texas, raising investment from $1.5 billion to over $10 billion.
  • The facility targets 1 gigawatt by 2028 and will create 300 jobs.
  • Peak construction will require more than 4,000 workers.
  • Meta faces scrutiny over its lack of a cloud infrastructure business and a 17 percent stock drop this year.