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EXCERPT:
Meta announced Monday that its Louisiana data center investment has grown from $10 billion to $50 billion and that it expects to generate substantial local tax revenues as it pursues artificial superintelligence.
The Richland Parish Data Center, nicknamed “Hyperion,” will be a nearly 10 million-square-foot, five-gigawatt facility, equivalent to a power plant capable of supplying enough electricity to power roughly 4 million average U.S. homes simultaneously. Altogether, that is about as much energy as New York City uses on a winter day.
“We’re delivering real economic impact alongside the AI infrastructure that will power the future,” Meta Vice President of Data Centers Rachel Peterson said in a statement.