Meta to Raise $2 Billion by Selling Data Center Assets to Fund AI Infrastructure
Meta Platforms is advancing its strategy to share the financial burden of building AI infrastructure by announcing plans to divest $2 billion worth of data center assets. The move, disclosed in a regulatory filing on Thursday, marks a key step in the company’s broader effort to bring in external partners and reduce its direct investment in physical infrastructure. As Meta ramps up its AI ambitions, the company is increasingly relying on large-scale data centers to support its growing suite of AI models and services. However, the cost of constructing and maintaining these facilities has become a significant financial challenge. By selling off a portion of its data center portfolio, Meta aims to generate capital while also opening the door for strategic collaborations with third parties who may operate or co-invest in the facilities. The asset sale is part of a larger trend among tech giants to share infrastructure costs amid rising demand for AI computing power. While Meta has previously invested heavily in building its own data centers, the company is now exploring alternative models, including partnerships and joint ventures, to scale more efficiently. The company did not specify which assets would be sold or the timeline for the transaction, but the filing underscores Meta’s commitment to a more flexible and collaborative approach to infrastructure. This shift could also signal a broader reevaluation of how tech firms manage the massive capital expenditures required to stay competitive in the AI era.