President Donald Trump said during a Cabinet meeting on Tuesday that Meta Platforms plans to spend about $50 billion on the “Hyperion” data center it is building in rural Richland Parish, Louisiana, a far larger sum than the company has previously disclosed. Trump held up a graphic he said was provided by Chief Executive Officer Mark Zuckerberg showing the facility’s footprint would cover roughly 81 percent of Manhattan, underscoring the scale of what is expected to be Meta’s largest site for artificial-intelligence computing. Meta has so far stated only that its investment in the project will exceed $10 billion and declined to comment on the president’s higher estimate. Earlier this month, Reuters reported that the company tapped Pacific Investment Management Co. and Blue Owl Capital to arrange about $29 billion in financing for the complex. The Hyperion campus is intended to supply the intensive computing power required by Meta’s Superintelligence Labs and other AI initiatives. Trump said the project shows the United States is “leading China in AI” and argued that meeting the electricity needs of such facilities will require expanding domestic energy generation.
Meta's planned Louisiana AI data center to cost $50 billion, Trump says https://t.co/PBMU7VvyZU https://t.co/PBMU7VvyZU
Trump: Meta invertirá 50.000 millones de dólares en su centro de datos para IA en Luisiana https://t.co/8UDzLMTpk9
メタのルイジアナ州データセンター、建設費500億ドルとトランプ氏 https://t.co/C12DaADaht https://t.co/C12DaADaht