Meta in talks to raise $35 billion for data center financing led by Apollo, Bloomberg News reports
Apollo Global Management is in talks to lead a roughly $35 billion financing package for Meta Platforms to help develop data centers in the U.S., Bloomberg News reported on Thursday citing people with knowledge of the matter.
Meta in Talks to Raise $35 Billion for Data-Center Financing Led by Apollo
Apollo Global Management Inc. is in talks to lead a roughly $35 billion financing package for Meta Platforms Inc. to help develop data centers in the US, according to people with knowledge of the matter.
Meta Platforms (META) to Raise $35 Billion for AI Data Centers
Meta Platforms (META) is planning to raise $35 billion to help fund its ambitious data center push within the U.S. Discover the Best Stocks and
Meta in talks for $200 billion AI data center project, The Information reports
Meta Platforms is in discussions to construct a new data center campus for its artificial intelligence projects, with potential costs exceeding $200 billion, The Information reported on Tuesday, citing people familiar with the matter.
Meta in talks to secure $35bn for data-centre expansion
Meta Platforms is in the early stages of negotiating a financing package, estimated at around $35bn, to bolster its data-centre infrastructure in the US, reported Bloomberg citing sources. This initiative is led by alternative asset manager Apollo Global Management,
Meta reportedly in talks for a $35B funding led by Apollo to build data centers
Asset manager Apollo Global (NYSE:APO) is in talks to lead a $35B funding round for Meta Platforms' (NASDAQ:META) ambitious plans to build data center infrastructure in the U.S., Bloomberg reported Thursday,
Amazon loses fight to exempt data center from energy regulation
Minnesota regulators denied Amazon’s request to exempt a data center’s 250 backup generators from a permitting process that ...
Texas Needs Equivalent of 30 Reactors to Meet Data Center Power Demand
Demand on the Texas power grid is expected to expand so immensely that it would take the equivalent of adding 30 nuclear ...
The AI Data-Center Boom Is a Job-Creation Bust
Tech and political leaders tout them as an employment bonanza, but data centers need very few workers in very large spaces.
Data center campus progressing rapidly; EV battery plant ready to go vertical
Amazon Web Services aims to have 18 data centers completed or underway on both sides of Indiana 2 near Larrison Boulevard or ...
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3 Data Center Stocks to Buy in 2025
It also stands to benefit from ChatGPT-like AI models on the cloud. It has shipped $2.9 billion worth of AI servers and built ...
Feeling New York’s Data Center Space Squeeze? Your Business Is Not Alone
As the data center squeeze gets tighter in New York City, businesses are finding themselves at a crossroads: relocate, ...
The Columbus Dispatch on MSN10d
Data center industry makes case that the centers contribute billions to Ohio's economy
Data centers support 84,900 Ohio jobs Data center industry makes economic case Ohio not major player in industry A new report from a data center trade association seeks to counter growing data ...
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Natural Gas Surges to Meet Data Center Power Needs
The rapid expansion of data centers, driven by AI and cloud computing, is causing a significant shift in the US power sector, ...
Data center in Waukee to expand as part of Apple’s new $500 billion U.S. investment plan
Expansion at the site near the intersection of Hickman Road and S Avenue is what the company referred to this week by ...
Microsoft brings data center hype back to earth but the boom lives on
Microsoft's data center lease cancellation raises questions about the industry's staggering growth. Experts say the market ...