Meta Platforms is in advanced talks to raise $29 billion from private capital firms to build and expand its AI data centers across the US, making this one of the largest private tech fundraises ever. The deal includes about $3 billion in equity and $26 billion in private debt, showing Meta’s strong push to become a global AI leader
📊 Why Meta Raise $29 Billion AI Data Centers Deal Matters
- Huge Capex Plan:
Meta’s 2025 capital spending is projected at $64–72 billion, mostly for new AI-focused data centers and computing capacity reuters - Shift to Private Credit:
Meta prefers private funding instead of traditional bonds, using advice from Morgan Stanley to design a debt deal that can be more easily traded, which is rare for such large tech projects - AI Race with Big Tech Rivals:
The funding helps Meta compete directly with OpenAI, Microsoft, Google, and Amazon, all of which have huge AI infrastructure budgets
⚙️ How Meta Plans to Use the $29 Billion
- Build large, energy-efficient AI data centers in multiple US locations.
- Sign long-term power deals, including contracts for nuclear energy, to handle rising AI computing needs.
- Fund Meta’s superintelligence team and ongoing AI research.
- Strengthen AI platforms like Meta AI, which already launched new features in 2025.
🌍 Context: Meta’s AI Push and Spending Strategy
In recent months, Meta has:
- Invested ~$15 billion in ScaleAI.
- Created a new AI supercomputing division.
- Added thousands of Nvidia H100 and upcoming Blackwell GPUs.
- Set clear AI goals under CEO Mark Zuckerberg, who aims to make Meta an AI-first company
This comes after Microsoft announced over $80 billion in AI infrastructure spending for 2025, showing a global trend where tech giants double down on AI.
✅ Why Private Debt, Not Public Bonds?
- Flexibility: Fewer restrictions compared to public debt.
- Faster execution: Large private funds can move quickly.
- Investor interest: Private debt is now a $1 trillion market, attractive to large investors who want exposure to AI growth.
📈 What Comes Next
- Meta may finalize the deal by late 2025.
- Funding could go beyond $29 billion if investor demand is strong.
- Competitors may follow this model, making private capital a new normal in big tech funding.
🧭 Bottom Line
Meta’s talks to raise $29 billion for AI data centers is a bold move that shows how AI is shaping the future of global tech. By using private debt, Meta keeps its balance sheet strong while staying competitive in the AI race.