Meta Secures 1.6 GW AI Capacity

Meta Platforms Inc. has signed new agreements to obtain artificial‑intelligence computing power from data‑center developer Crusoe, expanding the infrastructure required for its AI initiatives. The contracts cover two Crusoe facilities located in Childress, Texas, and Warrenton, Missouri. According to sources familiar with the matter, Meta will receive approximately 1.6 gigawatts of computing capacity across the two sites. For context, one gigawatt can supply electricity to up to 750,000 U.S. homes, implying that the 1.6 GW provision could support roughly 1.2 million households.

The financial terms of the agreements and the schedule for delivery of the computing capacity were not disclosed in the report. Sources requested anonymity because the discussions remain private. The news was reported by Bloomberg and published on 19‑06‑2026 at 02:04 am, noting a 1.70 % rise in Meta’s stock price following the announcement. The article was generated with AI assistance and reviewed by an editor.