The action is consistent with Meta’s AI strategy, which emphasizes the expansion of data centers to drive advanced AI development, including the goal of superintelligence, a vision of scientists where AI systems exceed human-level reasoning.

Meta has intensified its commitment to AI, aiming for superintelligence, which is why it has committed hundreds of billions of dollars to establish multiple large AI data centers while planning for larger investments to fulfill the computational demands this super AI will inevitably need.

The firm has announced intentions to invest $1.5 billion in a data center located in Texas, commencing construction on its 29th global facility, while also securing a $27 billion financing agreement with Blue Owl Capital to support its largest project worldwide, the data center in Louisiana.

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In September, CEO Mark Zuckerberg proposed the idea to U.S. President Donald Trump during a White House dinner, asserting that Meta would commit “at least $ 600 billion” to the U.S. in the upcoming years.

Through its investments in the AI industry, Meta anticipates “significantly higher” capital expenditures in the following year. During the recent earnings call, Zuckerberg stated that Meta is developing computing power because "it's the correct strategy to proactively enhance capacity to be ready for the most hopeful scenarios."

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Cryptopolitan has revealed that the company is investing heavily in the AI sector as it tries to surpass competitors like Alphabet and OpenAI, both of which are also constructing large data centers to support future AI models. Google has entered the competition by announcing intentions to invest $15 billion in a data center initiative in southern India, which will be the company's biggest AI center globally outside the U.S.

Meta’s partnership with Blue Owl Capital is anticipated to finance and advance the social media giant’s large Hyperion data center in rural Louisiana. The agreement specifies that the asset management company will hold 80 percent of the joint venture, whereas Meta will possess a 20 percent share and manage the construction and property services for the data center being developed in Richland Parish, Louisiana.

Blue Owl allegedly provided roughly $7 billion in cash for the joint venture, while Meta received a one-time payment of $3 billion. Through the collaboration, Meta obtains “the speed and flexibility” required to develop the data center and assist its “long-term AI goals,” the social media firm stated in a release.

 

In June, local utility Entergy told CNBC that the new data center would need roughly double the electricity of New Orleans on its highest demand day.

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The venture will directly rival the data centers that OpenAI, Oracle, and Softbank are collaborating on under the Stargate initiative, which has witnessed a $500 billion investment from the three firms.