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Report: Meta Looks to Raise $35 Billion to Develop Data Centers
METAMeta Platforms(META) PYMNTS.com·2025-02-28 00:19

Group 1 - Meta is in early talks to raise 35billionforthedevelopmentofdatacentersintheU.S.[1]Thecompanyplanstoinvest35 billion for the development of data centers in the U.S. [1] - The company plans to invest 60 billion to 65billionincapitalexpendituresandsignificantlygrowitsAIteamsthisyear[1][2]Metaaimstobringonline1gigawattofcomputeandhaveover1.3millionGPUsbytheendof2025[2]Group2Meta,Google,Microsoft,andAmazonplantocollectivelyspendatleast65 billion in capital expenditures and significantly grow its AI teams this year [1][2] - Meta aims to bring online 1 gigawatt of compute and have over 1.3 million GPUs by the end of 2025 [2] Group 2 - Meta, Google, Microsoft, and Amazon plan to collectively spend at least 315 billion on capital expenditures in 2025, primarily for AI [3] - Google has allocated 75billionfordatacenters,servers,andnetworkinginfrastructure,whileAmazonforecasts75 billion for data centers, servers, and networking infrastructure, while Amazon forecasts 100 billion in capital expenditures [3] - Microsoft is booking 80billiontobuilddatacentersanddeployAIandcloudbasedapplications[3]Group3Microsoftannounceditsdatacenterplansamida"goldenopportunityforAmericanAI"[4]PresidentTrumpannouncedaprojectcalledStargate,aimingtobuildAIfocuseddatacentersintheU.S.withabudgetofupto80 billion to build data centers and deploy AI and cloud-based applications [3] Group 3 - Microsoft announced its data center plans amid a "golden opportunity for American AI" [4] - President Trump announced a project called Stargate, aiming to build AI-focused data centers in the U.S. with a budget of up to 500 billion [4] - Equity partners in Stargate include Softbank, OpenAI, Oracle, and MGX, with Softbank responsible for funding [5]