Keep pulling the thread on New York.
The completed Hyperion data center is projected to consume an amount of power equivalent to the entire city of New York on a winter day.
Meta laid off 8,000 employees, representing 10% of its workforce, to increase spending on AI development and infrastructure.
Meta CEO Mark Zuckerberg plans to build a data center named Hyperion that will span nearly 4,000 acres.
Meta's CEO Mark Zuckerberg directed the company to build the world's largest GPU cluster, intended to house approximately one million GPUs.
The state of Louisiana amended its tax laws to grant a 20-year sales tax exemption for data center chips and equipment, with an option for a 10-year renewal.
Louisiana altered its state property laws to enable Meta to purchase a 1,400-acre plot of land in Richland Parish directly, bypassing the public bidding process.
Louisiana Governor Jeff Landry and Meta announced a $10 billion investment to build an AI data center in Rayville.
By March 2026, Meta's plan for its Hyperion data center had expanded from requiring three natural gas plants to requiring ten.
Meta increased the size of its Hyperion data center site in Richland Parish from an initial 1,400 acres to nearly 4,000 acres.
The construction phase of Meta's Hyperion data center is expected to employ up to 7,500 workers in Richland Parish, a community with a resident population of 20,000.
The construction of Meta's Hyperion data center was financed through a joint venture using one of the largest private capital deals ever, backed by $27 billion in debt.
Meta holds a 20% ownership stake in the Hyperion data center campus, while the private capital firm Blue Owl owns the remaining 80%.