Facebook is investing $500 million to open a data center in Fort Worth

TECHi's Author Rocco Penn
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Last Updated Originally published July 7, 2015 · 7:20 PM EDT
Cnbc View all Cnbc Two Takes by TECHi Read the original story Published July 7, 2015 Updated January 30, 2024
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Rocco Penn
Rocco Penn
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As Facebook’s userbase continues to grow, the company needs to expands it infrastructure in order to keep up. That’s why the company has announced that it’s investing $500 million in a new data center, which would be its fifth, that’s going to be built in Fort Worth, Texas. Naturally, this data center will be powered entirely by renewable energy. 

Cnbc

Cnbc

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Facebook plans to invest about $500 million in a new data center in Fort Worth, Texas as it continues to boost infrastructure to keep up with its large user base, the company said Tuesday. The facility will be Facebook’s fifth data center worldwide once completed. The social media giant will use entirely renewable energy to power it. Facebook will hire at least 40 full-time employees for the center and expects the project to support local jobs in construction and other industries. Infrastructure has grown increasingly important for Facebook as more people around the world gain Internet access. The company reported more than 1.4 billion monthly active users in its first quarter this year. Facebook added that it openly shares its data center designs to encourage sustainable facilities throughout the technology industry. Facebook shares were about 1 percent lower in Tuesday afternoon trading.

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