Hyperion

Meta's auditor Ernst & Young raised a red flag over the financial engineering Meta used to keep its $27B Hyperion data center project off its balance sheet

Meta Platforms' latest annual report contained an unusual, cautionary note for investors.  —  The tech giant's auditor …

A look at Meta's 2GW Hyperion data center in Louisiana, with the first phase opening in 2028; an analysis shows sales tax breaks on GPUs could total $3.3B+

A look at Meta's 2GW Hyperion data center in Louisiana, with the first phase opening in 2028; an analysis shows sales tax breaks on GPUs could total $3.3B+

$10 billion of investment.  Code names to disguise projects and companies.  Mixed opinions.  Skyrocketing property values.

Barclays: hyperscalers have announced a total of 46 GW of AI data center capacity, which at full utilization will consume as much energy as ~44.2M US households

The financing package stitched together for Meta's humongous Hyperion data centre campus in Louisiana made Alphaville curious …

Meta forms a JV with Blue Owl to fund the $27B, 2GW Hyperion data center in Louisiana, its largest ever private capital deal; Meta will retain a ~20% equity

Meta (META.O) has struck a $27 billion financing deal with Blue Owl Capital to fund its biggest data center project globally …

Sources: Meta is set to seal an almost $30B financing package for its Hyperion data center in Richland Parish, Louisiana, with Meta retaining 20% ownership

Bloomberg :

President Trump says Meta plans to spend $50B on its “Hyperion” data center under construction in Louisiana; earlier, Meta said the investment would exceed $10B

Riley Griffin / Bloomberg :

Apple acquires Sweden-based BIS Records, founded in 1973, and plans to fold the classical music label into Apple Music Classical and Apple's A&R label Platoon

A few days ago BIS Records turned 50 years old and I am immensely proud … Hartley Charlton / MacRumors : Apple to Acquire Major Classical Music Label BIS Records Billboard : Apple Buys Swedish Classic...