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Meta to build $13 billion AI data center in Alberta, its first in Canada


Meta to build $13 billion AI data center in Alberta, its first in Canada

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Meta confirmed on July 8 it will build a 1-gigawatt AI data center in Sturgeon County, Alberta — its first in Canada and its largest outside the United States — with an investment of more than CAD 13 billion (about USD 9.2 billion). While not crypto news per se, the scale of compute and power demand could shift crypto mining economics and spur tokenized energy projects, DeFi fundraising and decentralized compute adoption, creating opportunities for crypto infrastructure and Web3 token plays.

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Meta will build a 1-gigawatt AI data center in Sturgeon County, Alberta, the company’s first in Canada and, by its own account, its largest outside the United States. Meta puts the investment at more than CAD $13 billion, or roughly $9.2 billion in US dollars. The company confirmed the project on Wednesday, July 8, at...
Read the article at CryptoPolitan

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