AI
Meta’s planned Louisiana AI data centre to cost $50 billion: Donald Trump
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Meta’s planned AI data centre in Louisiana will cost $50 billion, US President Donald Trump said during a cabinet meeting on Tuesday.
The social media company is building its largest data centre in Richland Parish, which could handle intense computational power to support digital infrastructure, including artificial intelligence workloads.
The Facebook and Instagram parent declined to comment when asked about Trump’s remarks about the data centre.
Meta has tapped US bond giant PIMCO and alternative asset manager Blue Owl Capital to spearhead a $29…
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