Sunday, 3 August, 2025
Meta Plans $2B Asset Sale to Share AI Infrastructure Costs with External Partners
Meta Platforms is set to sell $2.04 billion in data center assets—land and construction-in-progress—reclassifying them as held-for-sale, as part of a strategic shift to co-develop AI infrastructure with external partners. The move aims to offset soaring capital expenditures tied to its AI ambitions, while maintaining flexibility and reducing risk. Meta recently raised its 2025 capex forecast to $66–$72 billion as AI-driven ad growth helps absorb rising infrastructure costs.
Read full story at Economic Times