CNBC·4 min read·medium
Meta Louisiana data center investment reaches $50 billion amid AI push
J
Jonathan Vanian
✦AI Summary
Meta has increased its investment in a Louisiana data center project to $50 billion to support its expanding artificial intelligence infrastructure. The project is being bolstered by state-level tax incentives and energy deals as tech giants compete for AI dominance.
Meta's massive Hyperion data center project in rural Louisiana is getting much bigger and costlier, with a big assist from the state's government.
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