Meta Launches $1B Tulsa AI Data Center, Strikes $27B Cloud Deal
Meta Platforms started building a $1B AI data center in Tulsa—its 28th US and 32nd global site—paired with $25M in local infrastructure upgrades and a $27B Nebius cloud computing deal. With 3.5B daily users, 24% revenue growth and a 22x forward P/E, Meta drives its AI expansion.
1. Tulsa AI Data Center Project
Meta has begun construction on a new AI-optimized data center in Tulsa, Oklahoma, with an investment exceeding $1 billion. The facility will be the company’s 28th in the US and 32nd globally, create more than 1,000 construction jobs and 100 permanent roles, and include $25 million in local road and water system improvements.
2. $27B Nebius Cloud Infrastructure Deal
Meta committed to a $27 billion contract with Nebius Group to secure additional neocloud computing capacity for its AI initiatives. This agreement supports Meta’s goal of boosting processing power across its network as Nebius scales its annual run rate from $1.25 billion to $7–9 billion by year-end while investing heavily in infrastructure expansion.
3. Revenue Growth and Valuation
Meta’s core platforms—Facebook, Instagram, WhatsApp and Messenger—serve over 3.5 billion daily users, fueling 24% year-over-year revenue growth. Trading at a 22x forward P/E, the stock balances strong top-line momentum against substantial AI infrastructure spending, with investors monitoring upcoming earnings for efficiency updates.