Meta Announces $50 Billion Louisiana Data Center Project with Tax Incentives

Meta has increased its investment for a data center project in Richland Parish, Louisiana to over $50 billion from an initial estimate of $27 billion. The Hyperion supercluster will be a 5GW facility and is part of Meta's broader AI infrastructure expansion strategy. States are offering tax incentives and energy deals to attract hyperscalers like Meta.

By Jonathan Vanian · CNBC ·

Meta Announces $50 Billion Louisiana Data Center Project with Tax Incentives

Tickers: $META $OWL

Topics: AI Infrastructure Hyperion Data Center Louisiana Meta Tax Incentives

Read the full article at CNBC

More World news