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Meta and Blue Owl partner on Louisiana AI data center
Meta Platforms and Blue Owl Capital have formed a joint venture to develop the Hyperion AI data center in Louisiana, with Meta holding an 80% stake. The planned 5-gigawatt campus will span nearly 10 million square feet and involve over $50 billion in investment. Entergy Louisiana is constructing power plants and transmission lines, facing regulatory scrutiny and opposition from environmental groups.
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