Meta Platforms said its $1 billion data center in Kansas City, Missouri, is fully operational and handling live traffic, marking the company’s latest expansion of the infrastructure that underpins its artificial-intelligence services. Chief Executive Officer Mark Zuckerberg added that Meta is “building toward our next generation of AI-optimized data centers,” with the first of those facilities scheduled to open in 2026. The company reiterated that every megawatt of new power it consumes will be matched with renewable-energy projects. Chief Financial Officer Susan Li told investors that infrastructure will be the single largest contributor to Meta’s expense growth in 2026, driven mainly by a sharp rise in depreciation tied to the new data-center designs and higher-performance servers required for AI workloads. The announcement came hours after Vantage Data Centers unveiled plans to invest more than $25 billion in a 1,200-acre, 1.4-gigawatt campus in Shackelford County, Texas. Backed by Silver Lake and DigitalBridge, the project—dubbed “Frontier”—will house 10 hyperscale data centers capable of supporting racks that exceed 250 kilowatts each, with the first building due online in the second half of 2026. People familiar with the matter said Oracle and OpenAI will be anchor customers for the Vantage complex. Separately, Bloomberg reported that Oracle expects to spend more than $1 billion annually to power a single West Texas data center that will rely on gas-fired generation to meet the colossal energy demands of training OpenAI’s next-generation models. The parallel build-outs underscore a rapid escalation in capital spending across the cloud and AI ecosystem. Bloom Energy Chief Executive Officer KR Sridhar estimates the largest hyperscalers collectively will soon be investing more than $1 billion a day on data-center and related infrastructure, reflecting the industry’s confidence in sustained demand for AI computing power.
Bloom Energy $BE CEO KR Sridhar: “The largest hyperscalers put together are going to spend more than $1 billion a day on capex, weekday and weekend.” $MSFT $AMZN $GOOG $META $NVDA
$META CFO: "So on the total expenses side, as I mentioned, we expect infrastructure will be the single largest contributor to 2026 expense growth. That's driven primarily by a sharp acceleration in depreciation expense growth in 2026" $META https://t.co/sn7XNsqdxE
$META https://t.co/r2FrOKJITh