Meta total investment in Louisiana data center will exceed $250 billion

Odaily Odaily Planet Daily News Meta Platforms has pledged an additional $40 billion investment in its massive data center campus in Louisiana, USA. As the company continues to expand its AI computing footprint, the project's total estimated investment is expected 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, it was reported that Meta planned to invest an additional $200 billion in the project, primarily to procure high-cost computing chips to be installed at the nearly 4,000-acre campus. According to a source familiar with the matter, this would bring the project's total estimated investment to at least $250 billion. As of now, Meta has not disclosed any specific expenditures beyond the $50 billion for the project. (Jin Shi)