Meta’s Hyperion data centre hit $50bn, and split a Louisiana town in two

Meta's Hyperion data centre in Richland Parish, Louisiana, has expanded its cost from $10bn to over $50bn in under two years, becoming one of the largest AI projects globally. The development has brought economic benefits to some locals but also caused housing affordability issues and displacement for others. Tax incentives have funded substantial bonuses for local teachers, though these benefits may decrease after construction ends.