2026년 2월 12일 · Unknown · financial · 출처 Yahoo Finance
Meta (META) announced plans to build a $10 billion artificial intelligence (AI) data center in Indiana. Meanwhile, Pershing Square (PSHZF) CEO and hedge fund manager Bill Ackman revealed that the firm holds a large stake in Meta.
Yahoo Finance Technology Editor Dan Howley chats with Market Domination host Josh Lipton to outline all the key details.
To watch more expert insights and analysis on the latest market action, check out more Market Domination.
Video Transcript
00:00 Speaker A
Meta announcing plans to build a new data center in Indiana. Yahoo Yahoo Finance's tech editor, Dan Howley, has all the details, Dan.
00:08 Speaker B
That's right, Josh. This is a biggin as uh they say, I guess. I'm from Jersey. I don't think that people say that there. But anyway, this is a 10 billion dollar data center that they're going to be building in Indiana. It's their second in the state. The company says it'll be meant to power both their AI and core products. So, making sure that you stay on Instagram to keep looking at pictures of cats and people's food pictures. But it's it's interesting because as part of this announcement, they've really went ahead and pushed the idea that they're kind of trying to help the community around the area. So they talk about some of the investments that they're making in uh the infrastructure, uh with uh more than 120 million for water in the Lebanon area, which is where it's going to be happening, uh improvements to transmission lines and area utilities as well as upgrades to road. They also mention uh that they're paying for all of their uh full cost of the energy that the data center uses. Um makes sense. Uh but on top of that, they also said uh that this system in particular is a closed loop liquid cool system. In other words, it doesn't necessarily need to use water all the time from surrounding areas. Uh it's going to use them, they say, the vast majority of the time it'll be turned off. Occasionally it'll come back on, I guess, to bring in more liquid. And you know, this has been an ongoing issue for folks who live adjacent to, I mean, some people are just direct neighbors to these data centers.
01:46 Speaker A
Not everybody loves it.
01:47 Speaker B
No, no.
01:48 Speaker A
It's the the sounds, the cooling systems, the utility bill, right?
01:52 Speaker B
Sounds, pollution, utility bill, the water, you know, I mean so these are these are big time issues that folks are dealing with and, you know, grew up in Jersey, grew up near plants and stuff right down the block from me. doesn't always look as nice as possible and hedges only get so high, man. They can they they can be higher.
02:12 Speaker A
Let me ask you this. If I was a meta investor, I'd be listening to this great report by Dan Howley. I might wonder, all right, how does this help Mark Zuckerberg print more money in the quarters and the years ahead? What's the answer to that?
02:29 Speaker B
Yeah, I mean, look, the more that they can develop their AI, the more that they can then reinvest that into the business itself. And that's huge for them. They are one of the companies that's genuinely showing how AI can benefit them. They don't necessarily offer it to other people. Uh they have open source models, but they're not waiting for customers to come on, use their enterprise services or build necessarily on their AI. They're integrating it directly into their ad sales, into the algorithms that they use that people then, you know, scroll through. So it behooves them to continue to improve this because it's having material impact on their bottom line in a positive way. I mean, they're also spending like crazy, 135 billion in 2026. That's up from 72 in 2025. That's a good chunk of change. But if they can continue to benefit and and grow here as a result of these types of AI buildouts, then obviously, it's a win-win for them.
03:22 Speaker A
Let me get your take. I I want one final take from Howley on this uh headline. Bill Ackman, the hedge fund kingpin himself. All right, you saw this, reveals a new stake, Halle in Meta, per the Journal, position amounting to 10% of the firm's capital at the end of 2020 25. So we're talking roughly $2 billion dollars. Pershing Square saying, explaining this, they say they put it like this, Dan, they say, Meta's business model is one of the clearest beneficiaries, they say of AI integration. You agree with that?
03:57 Speaker B
It's, yes. I, I mean, we started to see, you know, when Meta was reporting its its earnings uh a few quarters ago, the impact that AI was having and how much it was benefiting as a result. They would they'll say this directly in their earnings reports and you know, during the phone calls that this is having, uh, you know, a a positive impact on. They also, by the way, roll AI into their future devices, those smart glasses, things like that. That's going to be a big part of it. So the more they can develop this AI and roll it out across their products, the better.
View Comments