Trump's sky-high figure is five times more than the company has previously stated for the data center. Last December, when Meta announced its plans to build a data center in Richland Parish, they had said the facility would cost $10 billion.

Meta's planned AI data center in Louisiana will cost $50 billion, President Donald Trump said during a cabinet meeting on Tuesday. The social media company is building its largest data center in Richland Parish,

President Trump said Tuesday that Mark Zuckerberg’s Meta is planning to spend $50 billion on its massive new data center in Louisiana – an eye-popping figure that’s far bigger than what was previously announced.