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Entergy Says Revised Meta Data-Center Deal Boosts Customer Savings

Entergy announced that a revised agreement with Meta will deliver significantly higher savings for customers tied to a major data-center project in Louisiana.

Under the updated deal, Meta will cover the full cost of service for its planned hyperscale data center in northeast Louisiana. The agreement is expected to generate nearly $2 billion in customer savings over 20 years, in addition to $650 million previously projected.

Meta had earlier revealed plans to invest around $10 billion in the facility, located in Richland Parish. The project is part of a broader wave of infrastructure expansion driven by growing demand for artificial intelligence and cloud computing services.

To support the development, Entergy Louisiana is planning a substantial upgrade of its energy infrastructure. This includes building seven new natural gas power plants with a combined capacity exceeding 5,200 megawatts, alongside new transmission lines, battery storage systems and upgrades to nuclear facilities.

The deal reflects a broader industry trend in which large technology firms partner with utilities to secure reliable energy supplies for power-intensive data centers.

SoftBank Secures $40B Loan to Expand OpenAI Investments

SoftBank Group has secured a $40 billion bridge loan to strengthen its investments in OpenAI and support broader corporate initiatives.

The unsecured loan, which matures in March 2027, was arranged with major financial institutions including JPMorgan Chase, Goldman Sachs and leading Japanese banks. The funding reflects SoftBank’s continued push into artificial intelligence as global competition intensifies.

The company, led by Masayoshi Son, has already committed significant capital to OpenAI through its Vision Fund and is deepening its involvement in AI infrastructure and development.

OpenAI, supported by Microsoft, has become a central player in the AI boom, driving large-scale investments across the industry. SoftBank has also been involved in major initiatives such as the Stargate Project, aimed at building AI infrastructure in the United States.

The new financing highlights SoftBank’s increasingly aggressive strategy in artificial intelligence after years of mixed performance from its investment portfolio.

SLB Expands Nvidia Partnership for AI Energy Infrastructure

SLB has expanded its partnership with Nvidia to develop artificial intelligence infrastructure and specialized models for the energy sector.

The collaboration builds on a long-standing relationship between the two companies and reflects increasing demand for AI-driven solutions across the energy industry. Companies are seeking to process vast amounts of geological, production and infrastructure data more efficiently to reduce costs, improve reliability and lower emissions.

Under the new agreement, SLB will serve as a design partner for modular AI data centers built on Nvidia technology. The partnership will also focus on creating an “AI Factory for Energy,” a platform designed to help energy producers and power companies convert complex operational data into actionable insights.

The move comes as oilfield service providers look to diversify their business models amid slowing drilling activity, shifting toward digital services and infrastructure linked to AI growth.

The expanded partnership highlights how artificial intelligence is becoming a central tool in transforming traditional industries, including energy, by improving efficiency and enabling more data-driven decision-making.