18-October-2025
Corporate News
 
Meta Set to Clinch Nearly $30 Billion Financing Deal for Louisiana Data Center Site, Bloomberg News Reports
17-Oct-2025

Meta Platforms was set to seal an almost $30 billion finance package for its data center site in rural Louisiana, which would be the largest private capital deal on record, Bloomberg News reported on Thursday. Large-scale cloud service providers, called hyperscalers, have been racing to build AI infrastructure, with most of the investment going towards powering data centers.

News Source:- https://money.usnews.com/investing/news/articles/2025-10-16/meta-set-to-clinch-nearly-30-billion-financing-deal-for-louisiana-data-center-site-bloomberg-news-reports