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Meta negotiates $35 billion in data center financing with private equity Apollo
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3 hours ago 6,866
According to people familiar with the matter, alternative asset management giant Apollo Global Management Inc. has negotiated to lead the investment of approximately $35 billion in Zuckerberg's "meta Platforms" Meta Platforms, which will help (the latter) build a series of data centers in the United States. Apollo will be the main investor and the financing plan is still in an early stage of discussion. Recently, Meta has claimed that it will invest as much as US$65 billion in artificial intelligence (AI) related fields in 2025.
Keywords: Bitcoin
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