Meta seeks $29 billion in private capital to fund AI infrastructure.
Meta Platforms Inc., the parent company of Facebook and Instagram, is in advanced talks with major private capital firms to raise as much as $29 billion to finance its aggressive expansion into artificial intelligence (AI) infrastructure.
According to a Financial Times report citing sources familiar with the discussions, Meta is engaging leading private credit investors such as Apollo Global Management, KKR, Brookfield, Carlyle, and Pimco.
The tech giant aims to secure $3 billion in equity funding, followed by $26 billion in debt, to support the construction of next-generation data centres in the United States.
Meta is reportedly working with investment bank Morgan Stanley to structure the fundraising and is exploring ways to make the debt component more liquid and tradeable, a key concern among potential investors due to the unprecedented scale of the transaction.
If completed, the deal would mark one of the largest private capital raises of its kind.
Meta Platforms Inc., the parent company of Facebook and Instagram, is in advanced talks with major private capital firms to raise as much as $29 billion to finance its aggressive expansion into artificial intelligence (AI) infrastructure.
According to a Financial Times report citing sources familiar with the discussions, Meta is engaging leading private credit investors such as Apollo Global Management, KKR, Brookfield, Carlyle, and Pimco.
The tech giant aims to secure $3 billion in equity funding, followed by $26 billion in debt, to support the construction of next-generation data centres in the United States.
Meta is reportedly working with investment bank Morgan Stanley to structure the fundraising and is exploring ways to make the debt component more liquid and tradeable, a key concern among potential investors due to the unprecedented scale of the transaction.
If completed, the deal would mark one of the largest private capital raises of its kind.
Meta seeks $29 billion in private capital to fund AI infrastructure.
Meta Platforms Inc., the parent company of Facebook and Instagram, is in advanced talks with major private capital firms to raise as much as $29 billion to finance its aggressive expansion into artificial intelligence (AI) infrastructure.
According to a Financial Times report citing sources familiar with the discussions, Meta is engaging leading private credit investors such as Apollo Global Management, KKR, Brookfield, Carlyle, and Pimco.
The tech giant aims to secure $3 billion in equity funding, followed by $26 billion in debt, to support the construction of next-generation data centres in the United States.
Meta is reportedly working with investment bank Morgan Stanley to structure the fundraising and is exploring ways to make the debt component more liquid and tradeable, a key concern among potential investors due to the unprecedented scale of the transaction.
If completed, the deal would mark one of the largest private capital raises of its kind.
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