Meta boosts investment in Hyperion data center campus to $50B+
Meta Platforms Inc. today announced plans to significantly expand the scope of its Hyperion data center project.
The Facebook parent is seeking to build a sprawling artificial intelligence hub in Richland Parish, Louisiana. When Meta first disclosed the initiative in late 2024, it stated that the project budget would exceed $10 billion. It boosted the price tag to $27 billion last year.
The revised plan that Meta announced today will see it invest more than $50 billion in the site. According to the company, Hyperion will provide more than 5 gigawatts worth of computing power at full capacity. One gigawatt corresponds to the electricity usage of several hundred thousand homes.
Hyperion will draw electricity from 10 new power plants that are set to be built by Entergy Corp., a local utility. The latter company also plans to install 1.5 gigawatts of solar power generation and storage equipment. Entergy will reportedly build more than 100 miles of transmission lines to link the new energy systems with Hyperion.
