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Sources: Meta is looking to raise $3B in equity and $26B in debt, from private capital firms, including Apollo Global and KKR, to fund its data center build out (Financial Times)

Financial Times : Sources: Meta is looking to raise $3B in equity and $26B in debt, from private capital firms, including Apollo Global a...

27 April 2024

Microsoft, Meta, and Alphabet disclosed that they had spent $32B+ combined on data centers and other capital expenses in Q1, as they accelerate AI spending (Karen Weise/New York Times)

Karen Weise / New York Times:
Microsoft, Meta, and Alphabet disclosed that they had spent $32B+ combined on data centers and other capital expenses in Q1, as they accelerate AI spending  —  The spending that the industry's giants expect artificial intelligence to require is starting to come into focus — and it is jarringly large.

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