Facebook parent company Meta, which lost about a third of its stock market value this month as a result of weaker-than-anticipated financial results, is charging undaunted into creating a network of virtual realities referred to as the metaverse with plans to nearly double its portfolio of data centers.
Facebook Parent To Break Ground on $800 Million Idaho Data Center As It Pursues Virtual Reality Strategy
Meta To Add to Cloud Computing Campus Network With Nearly 1 Million-Square-Foot Facility
By Katie Burke
CoStar News
February 17, 2022 | 11:49 P.M.
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