Meta Platforms (META) Today — Nov. 12, 2025: $1B Wisconsin AI Data Center Breaks Ground as Australia Floats New Media Fines; Stock Slips
Meta broke ground Wednesday on a $1 billion AI-focused data center in Beaver Dam, Wisconsin, its 30th worldwide. The company pledged clean energy use, local jobs, and conservation efforts. Australia advanced a proposal for multimillion-dollar penalties on tech platforms that refuse to pay local publishers. Meta shares fell with other large tech stocks.