Quest maker Meta is having its cake and eating it
Meta is partnering with BlackRock to build a new data center in El Paso, Texas, with an investment of around $14 billion. This facility will provide 1 gigawatt of compute capacity to support Meta's AI technologies and models, with operations expected to begin in 2028. The move comes as Meta faces component shortages impacting its VR hardware like the Meta Quest 3 and has seen significant losses in its Reality Labs division.
- Entities
- Platform: Meta Quest 3
- Company: Microsoft
- Topic: Artificial Intelligence
- Company: BlackRock
- Company: Meta
- Topic: Data Centers
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