Meta has announced a $27 billion financing agreement with Blue Owl Capital to develop its largest data center yet, Hyperion, in Richland Parish, Louisiana. The facility is designed to deliver over 2 gigawatts of computing power, supporting advanced AI applications, including large language models.
Advancing AI Infrastructure
Hyperion is a central part of Meta’s strategy to expand its AI capabilities and accelerate research in artificial intelligence. The data center will integrate cutting-edge energy efficiency technologies and is expected to generate thousands of construction and operational jobs in the region.
Competing in AI-Focused Infrastructure
The scale of the Hyperion project positions Meta alongside other tech giants investing heavily in AI-centric data centers. Specialized facilities like this are crucial for handling the computational demands of large-scale machine learning models and ensuring robust AI performance across platforms.
Supporting Innovation Across Meta Platforms
Meta stated that Hyperion will act as a backbone for AI advancements across its ecosystem, enhancing content recommendation, natural language processing, and virtual reality experiences. The partnership with Blue Owl Capital provides the financial backing to mitigate risk while delivering this ambitious project.
Timeline and Outlook
Construction of Hyperion is slated to begin in 2026, with full operational capacity expected by the late 2020s. Analysts see the project as a strong indication of Meta’s commitment to leading in AI technology and infrastructure development.