Meta Seeks $29bn From Private Credit Giants to Fund AI Data Centres

Meta's Bold $29BN AI Data Centre Investment Plan

Meta Platforms Inc. seeks to secure $29 billion from major private credit firms to invest in AI data centers. The company plans to raise $3 billion in equity and $26 billion in debt. Leading financial players like Apollo, Brookfield, and PIMCO are reportedly in talks with Meta.

Meta seeks $29 billion from private capital firms for AI data centers: Report

Meta CEO Mark Zuckerberg had said in January the company would spend as much as $65 billion this year to expand its AI infrastructure.

Meta reportedly seeking $29 billion for data center construction

Meta finds itself behind in the AI race, and is staffing up and raising cash for its massive AI data centers....

Meta seeks $29bn from private credit giants to fund AI data centres

Apollo, Brookfield and Pimco among the lenders in talks with Mark Zuckerberg’s social media group

Meta is reportedly looking to acquire AI voice replicator PlayAI

Meta is in currently in acquisition talks with PlayAI, a California-based startup that provides its users with an AI voice cloning tool, according to Bloomberg.

Study: Meta AI data center to generate billions in local, regional benefits

A newly released economic impact study commissioned by Grow NELA shows just how transformative Meta’s $10-billion artificial intelligence (AI) data center project in Richland Parish will be for northeastern Louisiana.