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AI & Enterprise

Meta AI data centre construction boosts sales, tax revenue in rural U.S. areas

A farm-focused area of Louisiana is seeing an unexpected boom from Meta’s construction of its Hyperion AI data centre in Holly Ridge, as thousands of workers support demand for restaurants, cafes, water supplies and housing rentals. Meta is investing more than $50 billion and expects over 7,500 workers at peak construction. Local sales tax revenue has risen sharply, though the long-term outlook remains uncertain once building work ends.

AI & Enterprise

OpenAI tops Anthropic in paid AI spending across 47 U.S. states

OpenAI outpaced Anthropic in U.S. consumer spending on paid AI services in 47 of 50 states, based on an analysis of credit and debit card payments from June to August by YipitData. Anthropic led in California, Massachusetts and Montana, and Claude spending was also higher in Washington, D.C. The data exclude free users and may not fully capture corporate spending. a16z said the figures do not represent total revenue.

Industry

Final stage of U.S. investment talks: Can South Korea win duty-free export cap for chips?

Detailed talks over $200 billion of South Korea’s $350 billion investment package for the United States are entering a final stage, with Industry Minister Kim Jeong-gwan travelling to meet U.S. Commerce Secretary Howard Lutnick. Observers say Seoul needs to secure a written duty-free export quota for semiconductors proportional to investment as Washington designs chip tariffs to push more local production. Uncertainty remains over formulas and product coverage, while the government discusses responses across agencies.