“THIS IS A BIG DEAL FOR ALBERTA” - Meta Announces $13 Billion AI Data Centre Investment in Alberta
Article excerpt
Meta, the parent company of Facebook, Instagram and WhatsApp, is making a landmark investment in Alberta, announcing that Sturgeon County will be home to the company’s newest AI data centre - its first in Canada and its largest outside the United States. The 2.9-million-square-foot facility represents an investment of more than $13 billion Canadian and will be located north of Edmonton in Sturgeon County. Reuters reported that the project will be a 1-gigawatt data centre and Meta’s 33rd data centre globally, part of the company’s rapid expansion of computing capacity to support artificial intelligence. Gary Demasi, Meta’s Vice-President of Data Center Development, made the announcement after being introduced by Alberta Premier Danielle Smith. He thanked the premier, the Government of Alberta, Sturgeon County, Invest Alberta, the Alberta AI Concierge Team and other partners who helped bring the project to the province. Get the Latest Canadian Focused Energy News Delivered to You! It's FREE: Quick Sign-Up Here “We are thrilled to announce that Sturgeon County, Alberta, will be home to Meta’s newest data center, our first in Canada and our largest outside the U.S.,” Demasi said. The project is expected to create more than 3,000 construction jobs and generate an estimated $250 million annually in benefits for Albertans. Meta also announced it will invest $60 million in local...
Keep reading with a free account
The rest of this article, and every signal for Meta, is in your free account.
Extracted from this sentence
Meta also announced it will invest $60 million in local infrastructure, reinforcing the company’s message that the data centre is not only a technology investment, but also a long-term commitment to the community.
