According to a media report, the Facebook Mother Group wants to collect Meta $ 29 billion (24.78 billion euros) in financial investors for the construction of data centers for artificial intelligence (AI).
Accordingly, the American company exists in advanced discussions with investors such as Apollo Global Management, KKR, Brookfield and Carlyle, as the “Financial Times” reported, who called the case.
26 billion dollars debts
Meta wants to register $ 3 billion in equity and $ 26 billion in debts. Meta and Carlyle have rejected a statement. The other companies mentioned were initially not available for a comment.
Meta -Baas Mark Zuckerberg announced in January that this year it wanted to spend up to $ 65 billion for the expansion of the AI infrastructure. The group wants to strengthen its position in competition with competitors such as OpenAI and Google.
Large technology companies are currently investing en masse to protect the computing power required for the operation of AI models. For example, Microsoft plants $ 80 billion investment expenses for the 2025 financial year, which will largely flow into the expansion of data centers.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
