Meta is building one of the largest artificial intelligence data centers in the world, and it’s going up in a remote corner of Louisiana. Financed by one of the biggest private capital deals ever assembled, the project in rural Richland Parish will require up to 7.5 gigawatts of total power – 5 gigawatts of which will be for compute – from 10 brand new natural gas plants. In a region desperate for economic revival, the data center has become more than just infrastructure: it’s a bet on the future.

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Mark Zuckerberg’s desire to build the world’s biggest AI facility has entangled his company deeply in Louisiana’s politics, culture and economy.

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For ongoing coverage of the Russia invasion on Ukraine, tune in to Bloomberg Television and Radio. Up to the minute reporting from around the world and analysis of what it means to you. This is Bloomberg.
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The war with Iran has already cost lives, billions of dollars, and shaken the foundations of the global economy and the worst may be yet to come. Afsaneh Beschloss of RockCreek tells us why Russia and Iran are the unexpected winners at the Strait of Hormuz, and why a prolonged conflict could force the Fed to hike rates instead of cut. Steven Cook of the Council on Foreign Relations explains why the Gulf states didn’t see Iran’s attacks coming and why Saudi-Israeli normalization may now be further away than ever.
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India’s space program notched a much-needed success with a rocket launch on Friday, after two consecutive failures of another launcher that had long served as its workhorse rocket. Bloomberg’s Mihir Mishra reports.
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G20 finance officials are gathering in North Carolina with sovereign debt, global imbalances and economic growth in focus, but CSIS Director of Economics Program Philip Luck joins Bloomberg This Weekend and says the US and its partners increasingly disagree over both the problems and how to address them. A separate technology meeting will bring Elon Musk, Nvidia’s Jensen Huang and OpenAI’s Sam Altman into discussions over AI and emerging technologies as Washington pushes for a lighter regulatory framework.
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