Story perspectives
Meta and Blue Owl Launch $27 Billion Hyperion Data Center
10/22/2025
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Story summary
- Meta Platforms, Inc. forms a $27 billion joint venture with Blue Owl Capital to build the Hyperion data center in Richland Parish, Louisiana, which aims to deliver over 2 gigawatts of compute capacity and create more than 500 jobs.
- Blue Owl Capital manages the venture's majority.
- Meta retains a 20% stake.
- Blue Owl Capital contributed $7 billion in cash to the venture.
- Meta received a $3 billion one-time payout.
