Overview

• At a White House Cabinet meeting, President Trump claimed Meta will invest $50 billion in its Hyperion AI data center in Louisiana.
• He held up a superimposed image of the planned facility covering much of Manhattan that he said was provided by Mark Zuckerberg.
• Meta has not confirmed the $50 billion amount and previously stated only that the project would cost more than $10 billion.
• Reuters reporting cited by the coverage said Meta is working with PIMCO and Blue Owl Capital to arrange at least $29 billion in financing for the site.
• The Louisiana build is tied to Meta’s broader push for multi‑gigawatt AI clusters and its Superintelligence Labs effort, with Zuckerberg signaling massive compute investment.