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AI & Enterprise

Meta expands Louisiana AI data centre to 5 GW, investment tops $50 billion

Meta has expanded the planned scale of its data centre in Richland Parish, Louisiana, to 5 gigawatts and increased its investment commitment for the site to more than $50 billion. The company calls the project Hyperion and said it would support more than 1,000 jobs at full operation. Local reports cited the possibility of additional spending that could lift total costs further. The project includes outside funding and major power-supply buildout.

AI & Enterprise

Meta steps up cloud infrastructure push, considers selling AI models

Meta is stepping up efforts to enter the cloud business using data centres built with large capital outlays, Bloomberg News reported. It is preparing a cloud infrastructure service that sells AI computing power along with access to models, putting it in competition with major providers such as AWS, Google Cloud and Microsoft Azure. Meta is considering renting computing capacity and offering access to AI models running on its infrastructure.

Crypto

Bitcoin retirement strategy re-emerges; 2 to 5 BTC seen needed around 2030

An analysis said 2 to 5 bitcoin may be needed to fund retirement around 2030, depending on price scenarios and withdrawal rates. BeInCrypto reported that institutional participation is boosting optimism but volatility risks remain. VanEck outlined a base scenario of $1 million by 2031, while other forecasts ranged from $120,000 to $250,000 by end-2026. Models using 4 percent and 6 to 8 percent withdrawal rates produced differing BTC requirements.