Meta and Blue Owl Capital Forge $27 Billion AI Data Center Partnership in Louisiana
Meta Platforms has entered a $27 billion joint venture with Blue Owl Capital to develop its massive Hyperion AI data center in rural Louisiana. The partnership will see Blue Owl own 80% of the venture while Meta retains 20% and oversees construction of the facility spanning approximately 1,700 football fields.
Major AI Infrastructure Investment
Meta Platforms has formed a substantial $27 billion joint venture with asset management firm Blue Owl Capital to fund and develop what sources indicate will be the social media giant’s largest data center project to date. According to reports, the Hyperion data center located in Richland Parish, Louisiana represents a significant step in Meta’s ongoing artificial intelligence infrastructure expansion.