Nscale Raises $155M; Meta Invests $10B in AI Data Center in Northeast Louisiana

Nscale has successfully raised $155 million to enhance its AI-optimized data centers, utilizing advanced hardware and sustainable energy solutions to address the increasing demand for AI infrastructure. Concurrently, Meta is investing $10 billion in a new AI-powered data center located in northeast Louisiana. This facility aims to meet rising energy demands and expand Meta's capabilities in artificial intelligence. While supporters of the project believe it will positively impact the rural area, environmentalists express skepticism regarding its potential effects on the environment.