Meta seeks $29 billion in financing to fully bet on AI data center construction

According to the Financial Times, Meta is seeking to raise $29 billion to fund its comprehensive advancement in artificial intelligence business, and will seek funding from private capital firms to build data centers in the United States. According to informed sources, Meta has made progress in negotiations with private credit investors, including Apollo Global Management KKR、Brookfield、 Several large institutions, including Carlyle and Pacific Investment Management, participated in the discussion. Meta hopes to raise $3 billion in equity from them, followed by $26 billion in debt. But the company is discussing how to build a large-scale debt raising structure as it is considering various options to complete one of the largest private financing of this kind.