- Meta is expanding its Hyperion AI campus in rural Louisiana into a 5‑gigawatt, >$50 billion project—quintupling its original price tag and making it one of the biggest AI infrastructure builds in the world.
- Locals are split: the boom has created high‑paying construction jobs and even big one‑time teacher bonuses, but it’s also driven traffic, rising rents and displacement fears for longtime residents.
- The deal relied on deep tax breaks and private financing (including selling most of the site to investors), raising worries about lost public revenue and whether ratepayers could end up footing power or infrastructure costs.
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