Meta is building the world's largest data center. It will invest hundreds of billions of dollars.

"We're also building more Titan clusters. Only one of them covers a significant portion of Manhattan," added Mark Zuckerberg.

Meta hires experts to catch up with AI competition

Disappointed with the quality of Meta's AI projects to date, Zuckerberg has been building a team of experts for several weeks to achieve artificial general intelligence, or AGI – the concept that machines can perform many tasks as well as humans .

The new Meta Superintelligence Labs team includes researchers from OpenAI, Google's DeepMind, and other leading AI companies. Meta recently hired Alexander Wang, co-founder of Scale AI, as chief artificial intelligence officer (CAD), taking over 49% of his $14.3 billion company's business.

Meta also hired Ruoming Pang, a former head of Apple's AI modeling team, on a salary offer of more than $200 million over several years . Apple didn't attempt to match that offer, as it significantly exceeds the salaries of company leaders other than CEO Tim Cook.

The emerging data centers are the largest in the world

Zuckerberg described the emerging data centers as multi-gigawatt clusters, which would place them among the largest in the world. While most data centers today are only hundreds of megawatts in capacity, several artificial intelligence and large technology companies, including OpenAI and Oracle, are planning to develop centers capable of handling several gigawatts.

In his post, Zuckerberg cited SemiAnalysis, which claims Meta is on track to become the first company with a gigawatt-plus "supercluster."

Meta shares gained 1.1% to $725.30 on the news.

In April, Meta announced it could allocate as much as $72 billion, focusing on investments in artificial intelligence and data centers. In his Monday tweet, Zuckerberg said the company intends to invest hundreds of billions of dollars in data centers to build superintelligence.

- We have capital from our business to do this - said the head of Meta.

Meta, which derives the vast majority of its revenue from advertising on Facebook, Instagram, WhatsApp, and Messenger, has seen steady year-over-year sales growth.