Meta's Louisiana data center total investment to exceed $250 billion

Odaily reported that Meta Platforms has pledged an additional $40 billion investment in its large-scale data center campus in Louisiana, USA. As the company continues to expand its artificial intelligence computing footprint, the project's estimated total investment is set to exceed $250 billion. Meta announced on Monday that it will expand its data center project in rural Louisiana to at least 5 gigawatts (GW) of computing capacity, bringing the total investment to $50 billion.

Previously, the company had announced a $10 billion investment to build the data center and surrounding communities. In May of this year, reports indicated that Meta planned to inject another $200 billion into the project, primarily for the procurement of high-cost computing chips to be installed on the nearly 4,000-acre campus. According to a source familiar with the matter, this would bring the project's estimated total investment to at least $250 billion. As of now, Meta has not disclosed any specific expenditures beyond the $50 billion for this project. (Jin Shi)