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Meta seeks US$29 billion in financing and is betting on AI data center construction

According to the Internet, according to the Financial Times, Meta is seeking to raise US$29 billion to fund its comprehensive promotion of artificial intelligence business. To this end, it will turn to private equity companies to provide funds for its construction of a data center in the United States. According to people familiar with the matter, Meta has made progress in negotiations with private credit investors, with a number of large institutions including Apollo Global Management, KKR, Brookfield, Carlyle and Pacific Investment Management Corporation participating in the discussions. Meta hopes to raise $3 billion in equity from them and then raise another $26 billion in debt. But the company is discussing how to build a large-scale debt raising structure as it considers options to complete one of the largest private financings of its kind.

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