Meta's Louisiana data centre investment balloons to $50bn.

• META PLATFORMS
• 14 July 2026 09:10:17

Source: Sharecast

The company announced on Monday that the Hyperion facility will increase to 5GW of compute capacity to support training of LLMs (large ​language models), up from the original 2GW.

The project cost was originally estimated at $27bn, but it has now topped $50bn, making it one of the world's largest AI infrastructure investments ever.

According to Meta, local businesses have already received over $1.6bn in contracts from Meta since building first started in December 2024.

The expansion, which is expected to provide over 1,000 job, also includes over $1bn to be spent on local infrastructure improvements, including roads, water and wastewater systems.

Meanwhile, Meta's agreement with Entergy will fund seven new natural gas-fueled generating plants, three grid-scale batteries, nuclear uprates, and other purchased power, the company said.

Last year, teachers in Richland Parish received annual bonuses of $10,000 as a result of tax revenues from the data centre project. This year, that rises to $50,000.

Meta shares were down 1.3% at $660.42 by 1655 BST.