The statement underscores Meta’s trend toward heavy capex spend to enable its AI ambitions: the company said earlier this year that it would spend a whopping $64 billion to $72 billion on AI capex this year alone.
And the stock’s reaction — a knee-jerk move up as the news hit the wires — reinforces that the top risk around AI capex in the eyes of the market is not spending too much, but rather, spending too little.
Meta is likely realizing that it needs to get better at branding its massive AI capex projects; OpenAI’s five-gigawatt “Stargate” mega data center has all the buzz. So Zuckerberg is calling the Manhattan-sized data center Meta is building in Richland Parish, Louisiana, “Hyperion.” He originally described as a “2GW+” project, but now says it “will be able to scale up to 5GW over several years.”
Zuckerberg also mentioned “Prometheus,” which he said will be coming online in 2026, writing in the post that “we’re actually building several multi-GW clusters.”
Meta shares were recently up 0.9%.
The statement underscores Meta’s trend toward heavy capex spend to enable its AI ambitions: the company said earlier this year that it would spend a whopping $64 billion to $72 billion on AI capex this year alone.
And the stock’s reaction — a knee-jerk move up as the news hit the wires — reinforces that the top risk around AI capex in the eyes of the market is not spending too much, but rather, spending too little.
Meta is likely realizing that it needs to get better at branding its massive AI capex projects; OpenAI’s five-gigawatt “Stargate” mega data center has all the buzz. So Zuckerberg is calling the Manhattan-sized data center Meta is building in Richland Parish, Louisiana, “Hyperion.” He originally described as a “2GW+” project, but now says it “will be able to scale up to 5GW over several years.”
Zuckerberg also mentioned “Prometheus,” which he said will be coming online in 2026, writing in the post that “we’re actually building several multi-GW clusters.”
Meta shares were recently up 0.9%.
