- Meta is accelerating AI development and securing massive energy resources to power its next decade of computing.
- Dina Powell McCormick, a former Trump and Bush adviser with extensive finance experience, is named Meta’s president and vice chairman.
- The company’s recent hires and $27 billion data center investment reflect a push to stay competitive in AI and global strategy.
Meta is going full throttle on artificial intelligence development, after tapping a former adviser to President Donald Trump to serve as the company’s president and vice chairman.
In a press release from Monday morning, the Facebook, Instagram and WhatsApp conglomerate announced that it is moving forward in securing massive amounts of energy to power “the next decade of computing.”
It also named Dina Powell McCormick as its new president and vice chairman.
Powell McCormick has been a major player in financial and political settings throughout her career. In a wide range of roles, she served in George W. Bush’s administration, in Trump’s first administration and in varying executive roles at Goldman Sachs.
“Dina’s experience at the highest levels of global finance, combined with her deep relationships around the world, makes her uniquely suited to help Meta manage this next phase of growth,” Meta CEO Mark Zuckerberg said in a statement.
Powell McCormick’s husband, Dave McCormick, has served as a U.S. senator from Pennsylvania since 2025, after previously serving in the George W. Bush administration and as CEO of the hedge fund Bridgewater Associates.
Powell McCormick will serve Meta in multiple capacities: first, as a member of Meta’s management team, “helping guide the company’s overall strategy and execution,” and second, as a partner with the compute and infrastructure teams.
Trump responded enthusiastically to the announcement. After offering his congratulations, Trump wrote, “A great choice by Mark Z!!! She is a fantastic, and very talented, person, who served the Trump Administration with strength and distinction!”
Meta’s announcement came less than two months after the company spent tens of billions on AI development in an attempt to keep up with AI competition, The Wall Street Journal reported. In late November, Meta announced construction on a 4-million-square-foot, $27 billion data center in Louisiana, financed on debt.
Previous executive roles at Meta coincided politically with current administrations as well.
In 2008, Zuckerberg tapped Sheryl Sandberg, who had previously served as Bill Clinton’s Treasury chief of staff, to serve as Meta’s chief operating officer. Then last week, Zuckerberg hired Trump’s former trade adviser C.J. Mahoney to lead Meta’s legal team.