Meta Platforms Inc. (NASDAQ:META) is partnering with Indian billionaire Mukesh Ambani‘s Reliance Industries to develop its first AI-enabled data center in India, as the Facebook parent accelerates its global artificial intelligence infrastructure buildout.
Reliance said Wednesday it will build a 168-megawatt facility in Jamnagar, Gujarat, that Meta will lease upon completion. The project is expected to be delivered within two years and includes options for future expansion.
The data center will support Meta’s global infrastructure and AI computing requirements, underscoring the growing importance of India — one of Meta’s largest markets by users — to the company’s long-term AI strategy. Reliance will provide end-to-end services, including design, construction, renewable power, network connectivity and operational management.
“This world-class facility in Jamnagar will help us scale our AI infrastructure globally while deepening our long-term investment in India’s economy,” Meta CEO Mark Zuckerberg said in a statement.
Why It Matters
The agreement marks Meta’s first built-to-suit data center capacity in India and represents the latest expansion of a relationship that began with Meta’s $5.7 billion investment in Jio Platforms in 2020. The companies also formed a joint venture in 2025 to develop AI platforms and enterprise tools using Meta’s Llama models.
Meta has been aggressively expanding its AI infrastructure footprint as it competes with rivals including Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) and Amazon (NASDAQ:AMZN) in the race to develop advanced AI models and services.
The facility will be powered by renewable energy and cooled using desalinated seawater. Separately, Meta announced agreements supporting nearly 1 gigawatt of renewable energy capacity in India through partnerships with Indian firms CleanMax and Fourth Partner Energy.
What’s Going On With META Stock?
Shares of the social media giant are down about 10% so far this year, having dropped 16.77% over the past 12 months. On Tuesday, META stock closed down 0.14% at $584.59, according to data from Benzinga Pro.
META carries strong Growth and Quality scores of 88.84 and 85.31, respectively, according to Benzinga’s Edge Rankings. However, the stock’s Momentum score stands at just 13.00, while its short-, medium- and long-term price trends remain negative, indicating recent weakness in trading performance despite solid underlying fundamentals.
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