Meta Platforms AI Developments

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Meta’s Louisiana AI data center will cost $50 billion, Trump says

  • President Trump said Meta’s Louisiana AI data center will cost $50 billion.
  • Earlier this month, Meta tapped PIMCO and Blue Owl Capital to spearhead a $29 billion financing for the data center.
  • It announced last year that it would spend over $10 billion to set it up.
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