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Benzinga
Benzinga
Business
Namrata Sen

Mark Zuckerberg’s Meta Just Supercharged Its Biggest AI Bet Yet, Expanding Its Hyperion Data Center Into a $50 Billion-Plus Project

Mark,Zuckerberg,Speaks,At,Georgetown,University,In,Washington,,Dc.,Taken

Meta Platforms Inc. (NASDAQ:META) has significantly ramped up its investment in the Hyperion data center project in Louisiana. The project’s cost now surpasses a whopping $50 billion.

The company’s Monday blog post revealed that the Richland Parish-based data center, set to be its largest, will be a 5 GW facility. This is a considerable jump from the initial investment and 2GW plan announced in October when Meta and Blue Owl Capital partnered for the project’s construction and management.

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