CNBC's Deirdre Bosa joins 'Money Movers' to discuss Meta's announcement of bringing several data centers online, first planning to come online in 2026.

Menlo Park

Meta has revealed plans to build several multi-gigawatt data centers, with the first, named Prometheus, expected to come online in 2026 and deliver one gigawatt of energy capacity. Another center, Hyperion, is designed to scale up to five gigawatts over several years, with additional clusters, called Titan, also in development.

The scale of these projects is comparable to the energy consumption of some countries and rivals the computing ambitions of other major technology firms such as Microsoft, Amazon, and the OpenAI-Oracle Project Stargate. The initiative underscores Meta's significant investment in AI infrastructure, aiming to match industry leaders in computational power.

Meta announces several multi-gigawatt data centers

We just want to get to some breaking news right now that we're getting out of on Meta. For that, let's get to Deirdre Bosa. Deirdre. Hey, Sarah. So Mark Zuckerberg posting on social media moments ago, massive compute plans for Meta. Shares are higher. Zuckerberg saying that they're building several multi-gigawatt clusters, calling the first one Prometheus. And it's coming online in 2026, saying it will be capable of one gigawatt of energy. He says they're also building Hyperion, which will be able to scale up to five gigawatts over several years. He says multiple more Titan clusters as well. Let me put this amount of compute into context, guys. We are talking about energy capacity on par with what some countries consume, rivaling the kind of compute that hyperscalers like Microsoft and Amazon are chasing. That five gigawatt target within a few years, he says. Now, that is the same scale that OpenAI and Oracle are aiming for with Project Stargate. And that's a 100 billion dollar initiative to dominate the next era of frontier AI models. So, guys, this isn't just Meta catching up. It's Meta saying we will match your ambition, watt for watt, as Zuckerberg continues to go all in on AI talent and spending. We'll be interesting to see how the market reacts to this. Currently up about nine tenths of a percent dipping, but, you know, roughly the same. Zuckerberg is just spending a ton on AI right now. And this is more on that story. Back to you. Two major training clusters with names benefiting their scale and impact. Prometheus and Hyperion. Right. Prometheus, who stole fire from the gods D and gave it to humanity in the form of tech. Very smart to pick up on that. That's right. Zuckerberg is not shy right now to steal or poach things. And certainly with this just massive amount of compute power, he's stealing some of the attention from even the hyperscalers. Right. That have these massive enterprise cloud businesses. Remember, Meta doesn't have that. This is to serve his own AI ambition. So this is a big deal.

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Washington

Ukraine Invasion

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Jerusalem

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Lexington

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Tehran

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Breakdown