Meta to Raise $35 Billion for Data Center Financing
Meta Platforms is in talks to raise $35 billion from Apollo Global Management to finance the development of data centers in the U.S., according to a report. The financing package would be part of Meta's growing efforts to expand its AI infrastructure, driven by increasing computational requirements. The deal would help the company meet its ambitious investment goals for artificial intelligence.
- This massive funding could signal a significant shift in how Meta approaches sustainability and environmental responsibility in its data center operations.
- How will this increased investment in data centers impact Meta's ability to balance growth with reducing its carbon footprint?