Meta seeks to raise up to $25 billion in debt sale as AI spending jumps
Summary
Meta is planning a multibillion-dollar bond offering to secure up to $25 billion in fresh capital. The social media giant intends to use the proceeds to support its rising investments in artificial intelligence infrastructure, models, and services.
Meta is aiming to raise between $20 billion and $25 billion in a bond sale as the company ramps up spending on infrastructure and AI models and services.
Source: Read the full story at US Top News and Analysis
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