EXCLUSIVE: Zuckerberg to spend over $10B on “historic” Alberta AI data centre investment, sources say

Facebook parent company finalizing massive Sturgeon County investment tied to new 932-megawatt natural gas power plant that will bring down electrical transmission costs for Albertans in the long run.

Meta Platforms, the parent company of Facebook, Instagram and WhatsApp, is behind a massive artificial intelligence data centre planned for Sturgeon County, Alberta, Juno News has confirmed.

This is according to several well-placed sources with direct knowledge of the investment, one that all sources agree will be “historic” in magnitude.

The project is expected to involve roughly $13 billion in total investment, though the final figure could still change as it is unclear if the final proposal has been approved and signed off by Mark Zuckerberg and Meta’s board.