Meta Platforms Inc. (META) plans to invest $600 billion in the U.S. to enhance its AI data center network and create jobs by 2028. The goal is to build cutting-edge AI data centers to advance personal superintelligence.

Meta’s previous data center projects have generated thousands of jobs nationwide. The new initiative aims to boost local economies and scale AI capabilities.

Following their Q3 earnings report, Meta faces investor concerns over rising capital expenditures, projected to hit $116-$118 billion in 2025. CFO Susan Li expects further capex growth in 2026 due to increasing AI infrastructure needs.

Meta secured a $27 billion funding deal with Blue Owl Capital for its largest global data center project. This investment highlights Meta’s aggressive expansion of AI infrastructure.

Despite concerns, META stock has gained over 2% in the past year. On Friday, shares closed at $621.71, down 0.45%, with strong retail sentiment and heavy trading activity.

META is trading at $623.47 after hours on the NasdaqGS, down 0.28%. The company’s investment plan aims to strengthen its AI capabilities and create jobs in the U.S.

Read more at Nasdaq: Meta Unveils $600 Bln U.S. Investment To Boost AI Data Centers And Workforce