Meta seeks up to $25 billion in bonds to bankroll its AI spending spree
Meta is going back to the bond market for as much as $25 billion. The Meta $25 billion bond sale, reported Tuesday by CNBC and first flagged by Bloomberg, would help pay for the data centers, chips, and AI models behind chief executive Mark Zuckerberg’s push toward personal superintelligence. About two-thirds of the debt is expected to be denominated in U.S. dollars and the rest in euros, according to people familiar with the plans who spoke to both outlets on condition of anonymity because the details are private. Final pricing was expected Tuesday afternoon. Meta declined to comment. ...