Meta Platforms (META. O) is building a new gigawatt-scale data center in the U.S. state of Texas to advance its artificial intelligence efforts, the latest in a series of major investments by the company looking to keep pace in the highly competitive artificial intelligence industry. The company said Wednesday it will spend more than $1.50 billion on a new facility being built in El Paso, Texas. The data center will reportedly eventually have 1 gigawatt of capacity for high-end computing cores f...