Reported about 19 hours ago
Meta Platforms Inc. is in discussions with Apollo Global Management to secure approximately $35 billion for financing the development of new data centers in the U.S. This initiative is part of Meta's broader investment strategy, which includes plans for significant investments in artificial intelligence-related projects amounting to $65 billion this year. Both companies have not confirmed the talks, and the funding negotiations are still in the early stages.
Source: YAHOO