29-June-2025
Corporate News
 
Meta Seeks $29 Billion From Private Capital Firms for AI Data Centers, FT Reports
28-Jun-2025

Meta Platforms is seeking to raise $29 billion from private capital firms to build artificial intelligence data centers in the U.S., the Financial Times reported on Friday. The Facebook-parent has advanced discussions with private credit investors including Apollo Global Management, KKR, Brookfield, Carlyle and PIMCO, the report said, citing people familiar with the matter. Meta is looking to raise $3 billion in equity and $26 billion in debt, the report said, adding that the company is debating how to structure the debt raising and may also seek to raise more capital.

News Source:- https://money.usnews.com/investing/news/articles/2025-06-27/meta-seeks-29-billion-from-private-capital-firms-for-ai-data-centers-ft-reports