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Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, is taking a major step to finance its growing artificial intelligence (AI) operations. In a recent regulatory filing, Meta revealed plans to offload $2.04 billion worth of data centre assets as part of its broader strategy to attract outside investors and co-develop facilities for its next-generation AI infrastructure.
This move highlights the escalating costs of building and operating data centres required to power generative AI systems. With increasing competition from Microsoft, Google, and Amazon Web Services (AWS), Meta is adopting a collaborative approach by partnering with third parties to reduce financial burdens while scaling its infrastructure capabilities.
According to Reuters, Meta has reclassified a significant portion of its data centre infrastructure, including land and construction-in-progress, as “held-for-sale.” These assets, valued at $2.04 billion, will be contributed to a third-party joint venture within the next 12 months. This model not only helps Meta share the financial risk but also accelerates the development of AI-powered data centres, which are crucial for supporting advanced technologies like generative AI, large language models (LLMs), and next-gen machine learning applications.
As of June 30, Meta reported total held-for-sale assets at $3.26 billion, underlining its commitment to reshaping its infrastructure strategy without recording any losses. This aligns with the company’s long-term vision of strengthening its AI ecosystem while maintaining operational efficiency.
The shift reflects how Big Tech companies are evolving their funding models to manage the skyrocketing costs of AI infrastructure, driven by the rising demand for cloud computing, AI-driven platforms, and immersive technologies like the metaverse. With AI becoming central to Meta’s growth strategy, this asset offloading is expected to play a crucial role in scaling its AI data centres, enabling the company to stay competitive in the global race for AI innovation.
This move highlights the escalating costs of building and operating data centres required to power generative AI systems. With increasing competition from Microsoft, Google, and Amazon Web Services (AWS), Meta is adopting a collaborative approach by partnering with third parties to reduce financial burdens while scaling its infrastructure capabilities.
According to Reuters, Meta has reclassified a significant portion of its data centre infrastructure, including land and construction-in-progress, as “held-for-sale.” These assets, valued at $2.04 billion, will be contributed to a third-party joint venture within the next 12 months. This model not only helps Meta share the financial risk but also accelerates the development of AI-powered data centres, which are crucial for supporting advanced technologies like generative AI, large language models (LLMs), and next-gen machine learning applications.
As of June 30, Meta reported total held-for-sale assets at $3.26 billion, underlining its commitment to reshaping its infrastructure strategy without recording any losses. This aligns with the company’s long-term vision of strengthening its AI ecosystem while maintaining operational efficiency.
The shift reflects how Big Tech companies are evolving their funding models to manage the skyrocketing costs of AI infrastructure, driven by the rising demand for cloud computing, AI-driven platforms, and immersive technologies like the metaverse. With AI becoming central to Meta’s growth strategy, this asset offloading is expected to play a crucial role in scaling its AI data centres, enabling the company to stay competitive in the global race for AI innovation.
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