Meta Plans $2B Asset Sale to Support AI Data Center Expansion
Meta will sell $2.04 billion in data center land and assets to external investors to help fund its AI infrastructure build-out, freeing capital while maintaining growth flexibility.
Meta will sell $2.04 billion in data center land and assets to external investors to help fund its AI infrastructure build-out, freeing capital while maintaining growth flexibility.
Microsoft and Meta shares jumped sharply after Q2 earnings beat estimates, reinforcing investor confidence in their AI investments and cloud momentum.