US President Donald Trump recently revealed that Meta, led by CEO Mark Zuckerberg, is now planning to invest an eye-watering $50 billion to build a colossal AI data centre in Louisiana—far surpassing the previously announced figure of over $10 billion.

Hyperion: A Data Facility the Size of Manhattan

During a recent Cabinet meeting at the White House, Trump expressed astonishment at the project's size and cost. He displayed a graphic—allegedly provided by Zuckerberg—superimposing the planned “Hyperion” centre over Manhattan, vividly illustrating its scale.

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Financing the Future

To fund this expansive initiative, Meta is reportedly collaborating with major investment players like PIMCO and Blue Owl Capital, aiming to secure approximately $29 billion in financing. This proposed data centre forms a critical component of Meta’s "Superintelligence Labs" initiative—its intensified push to dominate the AI frontier. The company has reorganised its AI operations under this banner, underscoring its ambition to achieve industry-leading compute capability per researcher.