Meta Eyes Abilene AI Campus with Nvidia’s $150M Support
Meta Platforms has opened discussions to lease a planned Abilene, Texas AI data center originally intended for Oracle and OpenAI, with Nvidia paying $150 million to secure chip use and facilitate talks. The 1,000-acre Crusoe-developed Stargate site’s expansion was dropped after financing disagreements between Oracle and OpenAI.
1. Oracle and OpenAI Cancel Expansion Plans
Oracle and OpenAI ended talks to lease additional capacity at the 1,000-acre Crusoe AI campus in Abilene, Texas, after financing hurdles and shifting computing needs halted the project’s planned expansion.
2. Meta Steps In with Nvidia Support
Meta Platforms commenced discussions with developer Crusoe to lease the abandoned expansion site, backed by Nvidia’s facilitation and a $150 million deposit to lock in its AI chips for the facility.
3. Site Specs and Meta’s Infrastructure Strategy
The Crusoe site forms part of the Stargate AI campus, with initial phases operational, fitting Meta’s broader push on AI infrastructure that includes a projected $135 billion in capital spending for 2026.